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<Research>Daiwa Raises HORIZONROBOT-W (09660.HK) TP to $11.8, Reaffirms Buy Rating
Recommend 26 Positive 40 Negative 5 |
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HORIZONROBOT-W (09660.HK) plans to equip mass-market vehicles with City NOA (Navigation on Autopilot) starting 2026 and release the fourth-generation BPU architecture, whereas the business is also expanding into humanoid robots, Daiwa said in its report. The broker reaffirmed Buy on the stock, raising the target price from HK$10.5 to HK$11.8. It believed the company has established a strong product portfolio, enabling further expansion into the Chinese city NOA market. AASTOCKS Financial News Website: www.aastocks.com |
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