Latest US Stock Ratings | Huatai Securities Maintains "Buy" Rating for Hesai, Target Price $28.40

Originally from: Cailian Press

Cailian Press, March 17 — (Editor: Qi Ling) Below are the latest ratings and target prices for U.S. stocks from various brokerages:

CITIC Securities maintains Buy rating on Adobe (ADBE.O), target price $358:

FY2026Q1 revenue of $6.4 billion (+12% YoY), surpassing expectations, with steady growth in digital media business. The company’s AI monetization engine relies on product strength and user stickiness, demonstrating strong potential amid the generative AI wave. Although software sector valuations are under pressure, solid barriers and sustained growth support the target price.

China Merchants Securities (Hong Kong) maintains Buy rating on Futu Holdings (FUTU.O), target price $228:

In 4Q25, revenue and Non-GAAP net profit increased 45%/77% YoY, beating expectations, driven by optimized expense control leading to record-high gross margin and operating profit margin. Client asset net inflow remains strong, with a goal to add 800,000 new clients in 2026, and accelerating expansion into new Asian markets. Diversified crypto and U.S. stock trading structures, with overseas clients accounting for 55%. FY26-28E EPS raised to HKD 94/110/124, maintaining Buy rating and target price $228.

First Shanghai maintains Buy rating on Legend Biotech Corp ADR (LEGN.O), target price $43.13:

CARVYKTI’s sales reached $1.887 billion in 2025 (+95.9%), validated by ASH data confirming durable efficacy and safety improvements, with global treatment network expanding continuously. DCF valuation based on a peak sales assumption of $5 billion, implying 126% upside potential.

Huatai Securities maintains Buy rating on Hesai (HSAI.O), target price $28.40:

Short-term, due to sluggish auto consumption recovery and price competition, the company lowered profit forecasts for 2026/27. However, with core laser radar technology barriers, in-house chip R&D capabilities, and multi-scenario applications in ADAS and robotics, long-term growth remains intact. Based on 7.2x 2026 P/S valuation (a 50% premium), target price $28.40.

CITIC Securities maintains Buy rating on Manbang (YMM.N), target price $12:

Q4 2025 performance was steady, with adjusted profit exceeding expectations, improved order fulfillment quality, and visible platform ecosystem governance effects. Revenue share from transaction services increased, monetization efficiency improved, and with deeper AI application and stable shareholder returns, network effects and data barriers highlight long-term growth potential.

Guotai Haitong maintains Overweight rating on Wanwuxinsheng (RERE.N), target price $6.75:

Q4 and full-year 2025 results exceeded expectations, benefiting from increased penetration of old-for-new programs and iPhone upgrade cycles. Scale effects, optimized expense ratios, and high-growth categories support profit release. Based on 14.8x 2026 P/E valuation, target price set at $6.75.

GF Securities maintains Buy rating on EHang (EH.O), target price $18.11:

Q4 2025 marked the first profitable quarter, with record deliveries. EH216-S commercial acceleration and VT35 expansion into intercity scenarios. Low-altitude economy policies implemented, with a closed-loop of four certificates establishing first-mover advantages. Estimated revenue CAGR of 63% from 2026-28; using comparable companies’ 15x P/S for 2026, target price $18.11.

First Shanghai assigns a Buy rating to NVIDIA (NVDA.O), target price $270:

FY26Q4 results exceeded expectations, with revenue, profit, and gross margin all surpassing consensus. AI agents drive diversified computing demand; Blackwell platform contributes significantly; Rubin platform to mass produce in 2H26. Based on 35.4% EPS CAGR and DCF valuation, implied upside potential of 47.43%.

CITIC Securities maintains Buy rating on Uber (UBER.N):

Uber has formed strategic cooperation with Zoox in Robotaxi, strengthening its position in autonomous driving; Uber Eats has increased commission rates to improve profitability. Steady growth in ride-hailing and delivery, with AI and autonomous driving deployments opening new opportunities. Improved profitability enhances shareholder returns, making valuation attractive.

(Cailian Press, Qi Ling)