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<Research>HTSC Raises KUAISHOU-W (01024.HK) TP to $69.44, Rating Buy
Recommend 13 Positive 17 Negative 6 |
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Huatai Securities’ research report highlighted KUAISHOU-W (01024.HK)'s Kling AI 2.0 launch event on Tuesday, April 15, where it unveiled new products, the Kling Foundation Model 2.0, Ketu Foundation Model 2.0, and multimodal editing functions. Optimistic about Kling 2.0’s potential to reduce costs and enhance efficiency in video production, the broker expected accelerated commercialization. Huatai Securities maintained a Buy rating on KUAISHOU-W, raising the target price from HKD68.73 to HKD69.44. The broker retained its revenue and profit forecasts for KUAISHOU-W from 2025 to 2027, projecting adjusted net profits of RMB20.6 billion, RMB25 billion and RMB28.3 billion, respectively, reflecting YoY growth of 16%, 21% and 13%. AAStocks Financial News |
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