Citi Maintains Full Truck Alliance(YMM.US) With Buy Rating, Maintains Target Price $12
Citi analyst Brian Gong maintains $Full Truck Alliance(YMM.US)$ with a buy rating, and maintains the target price at $12.According to TipRanks data, the analyst has a success rate of 38.8% and a
US stock market closing: The roller coaster trend of the interest rate night is alarming, and the three major indexes closed slightly lower.
① Most China concept stocks in hot demand fell, with the Nasdaq China Golden Dragon Index dropping 0.86%; ② Space concept stock Intuitive Machines surged 38%; ③ The Federal Reserve cut interest rates dramatically by 50 basis points, but Powell claimed not to be eager to ease policy; ④ Boeing will implement unpaid leave measures in the coming days.
Major rating | Morgan Stanley: Leading online companies in the mainland have profit resilience. They recommend a "shareholding" rating for Manbang and Ke Holdings.
September 13th, Guolonghui | Morgan Stanley's research report pointed out that leading online companies such as Manbang and BOSS Zhipin are expected to deliver resilient profit performance in the second half of the year. It is pointed out that limited competition helps companies maintain their long-term profit margins, so the relatively high forecast valuation multiples are still reasonable. Morgan Stanley's target price for BOSS Zhipin's US stocks is $16, with a "shareholding" rating; Autohome's target price for US stocks has been raised by 13% to $27, with a "synchronized with the market" rating. The bank maintains a "shareholding" rating for Manbang and KE Holdings, with target prices of $10 and $19, respectively. The bank expects BOSS Zhipin and Manbang to
With 53% Institutional Ownership, Full Truck Alliance Co. Ltd. (NYSE:YMM) Is a Favorite Amongst the Big Guns
Futu Morning News | Federal Reserve Board Director Waller: The time has come and he is open to a larger rate cut. The US election is heating up! The first debate of the "Hart" becomes the focus.
Goldman Sachs: The leadership of the Federal Reserve believes that a 25 basis point rate cut in September is the baseline scenario; Deutsche Bank: Non-farm 'cliff-like' turn negative is the beginning of an economic recession; Nasdaq fell 5.77% last week, Broadcom had its worst single-day performance in over 4 years.
U.S. stock market outlook | Tesla's pre-market trading rose nearly 1%, with August sales in China reaching the best performance of the year; Nvidia plans to expand software and datacenter offerings, providing AI one-stop services.
The Big Short on Wall Street: If the non-farm is strong enough, the laggards of the US stock market are expected to catch up; Informed sources said that WeChat and iPhone do not need to 'choose one out of two', but the 'apple tax' game is still ongoing.
Major bank rating | Citi: Chinese internet stocks bullish on Tencent, also optimistic about Meituan and Ctrip.
On September 3, Glodog issued a report stating that the profit growth rate of mainland internet stocks in the second quarter of this year exceeded the revenue growth rate. It is believed that the revenue for this quarter may fall below expectations due to macro challenges and companies' proactive reduction of subsidies to focus on quality returns. This in turn supports more companies to achieve stronger profit growth. Several companies significantly accelerated their buybacks in the second quarter, which helps to reassure investors of management commitments and support confidence in future growth prospects. The bank pointed out that Tencent is still the bank's top choice among domestic internet stocks in the second half of this year, and it is also bullish on Meituan and Ctrip's related service business. The bank is also optimistic about Manbang's growth potential.
Citigroup lists the favorite stocks of Chinese Internet companies (table) in 'Da Hang'.
Citibank's report stated the list of popular Chinese internet stocks: Stock │ Target Price Tencent (00700.HK) │ 527 HK dollars Meituan-W (03690.HK) │ 155 HK dollars Trip.com (TCOM.US) │ 66 US dollars Tencent Music (TME.US) │ 15 US dollars Full Truck Alliance (YMM.US) │ 12 US dollars Zhejiang Century Huatong Group (002602.SZ) │ 6.5 yuan RMB
Express News | Citigroup: Chinese internet companies are expected to continue reducing subsidies to improve profitability, with Tencent as the preferred stock.
Wall Street Analysts Think Full Truck Alliance (YMM) Could Surge 39.59%: Read This Before Placing a Bet
Using Peter Lynch's stock selection logic to analyze Manbang's (YMM.US) 2024 interim report.
In the recently released 2024 mid-term financial report of Manbang Group, we saw a typical case that meets Lynch's stock selection criteria.
Manbang (YMM.US), creating a new model of productive force in the logistics industry.
If there is a list of the top ten key words for China's economy in 2024, "new quality production forces" will definitely occupy a place, and there is even a high probability that it will rank first.
Full Truck Alliance Is Maintained at Equal-Weight by Barclays
Full Truck Alliance Co Analyst Ratings
Express News | Full Truck Alliance Co. Ltd. : Barclays Cuts Target Price to $7 From $9
Full Truck Alliance Second Quarter 2024 Earnings: Beats Expectations
Full Truck Alliance | 6-K: Report of foreign private issuer (related to financial reporting)
Express News | Full Truck Alliance Co Ltd : Jefferies Cuts Target Price to $9.7 From $9.92
Full Truck Alliance (YMM.US) financial report: order growth rate up 25% in the first half of the year, surpassing the national freight volume growth rate again.
On August 21st, Manbang Group, a digital freight platform, released its second quarter performance report for 2024.
Full Truck Alliance Co. Ltd. (YMM) Q2 2024 Earnings Call Transcript Summary