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JPMorgan upgrades Chinese internet services stock ahead of AI transformation
JPMorgan sees shares rising 69% from here.
14 words~1 min read
JPMorgan sees shares rising 69% from here.
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JPMorgan analyst Doug Anmuth believes that the AI theme will continue to "drive continued outperformance in Quality Growth,…

The investment bank also raised its price targets on two Chinese companies that develop artificial intelligence models.

The bank upgraded the cloud software maker to overweight from equal weight.

Deutsche Bank sees shares of Baidu rising 23% from here.

Morgan Stanley believes shares of Hesai Group could rise 22% from here.

Things may be turning around for one of the most beaten-down parts of the stock market.