CLSA: CATL Enters Consolidation Phase, TP HKD820, Maintains Outperform

AASTOCKS News
2026.05.05 04:28
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CLSA's research report indicates that CATLis entering a consolidation phase after recent catalysts, with a target price of HKD820. The report highlights potential short-term challenges due to supply disruptions in the lithium market and rising costs. However, CLSA maintains an Outperform rating, encouraging investors to accumulate shares ahead of expected catalysts in 2H26, including the end of the H-share lock-up period and sodium-ion battery production.