HESAI-W Slumps 10% at Midday; Latest Broker Ratings, TPs and Views Compiled

AASTOCKS News
2026.05.20 04:23
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HESAI-Wshares fell 10.39% to HKD156.1 at midday, with significant short selling activity. Five brokers provided ratings: BofAS and Citi rated it 'Buy' with target prices of HKD211 and HKD257.5, respectively, citing strong future potential despite current challenges. UBS and M Stanley also rated it 'Buy' and 'Overweight', while G Sachs noted revenue met expectations. Overall, brokers remain optimistic about HESAI-W's growth despite recent price declines.