Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Research>Citi Expects Battery Supply Chain Rally Mostly Reflected, Prefers Defensive Stocks Like CATL
Recommend 16 Positive 19 Negative 8 |
||||
|
||||
|
Citi Research believed that the upswing in the battery supply chain driven by strong expectations for energy storage systems (ESS) has mostly been reflected, and advised investors to maintain a cautiously optimistic stance before the Lunar New Year (LNY). The broker suggested investors to select defensive stocks like CATL (03750.HK) in 1Q26, as seasonality and weak demand for EVs may create uncertainties in production pipeline prospects. Citi Research's short-term top pick is CATL, with a target price of $621/ RMB571 for CATL's H-/ A-shares. AASTOCKS Financial News Website: www.aastocks.com |
||||
Copied to Clipboard
 |
||||
