UBS Lifts MiniMax TP to HKD1,000, Says Multimodal Synergies Underestimated by Market
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UBS has upgraded MiniMax's target price to HKD1,000, citing that the market has underestimated the company's multimodal synergies and infrastructure advantages. Despite a cumulative share price increase of 371% since its listing, MiniMax's recent performance has lagged behind peers. UBS believes that ongoing model upgrades will enhance the performance of its AI agents and has assigned a "Buy" rating to the stock.
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