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The Zhitong Finance App learned that J.P. Morgan Chase released a research report stating that it raised the profit forecast for Weichai Power (02338.HK,000388.SZ) by about 12%, raised the target price for H shares from HK$55 to HK$57, and raised the target price for A-shares from RMB 52 to RMB 54, all maintaining an “incremental” rating. The adjustments reflect the company's stronger shipping prospects, profit margin resilience, and accelerated commercialization of artificial intelligence data centers (AIDC) and solid oxide fuel cells (SOFC).
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The Zhitong Finance App learned that J.P. Morgan Chase released a research report stating that it raised the profit forecast for Weichai Power (02338.HK,000388.SZ) by about 12%, raised the target price for H shares from HK$55 to HK$57, and raised the target price for A-shares from RMB 52 to RMB 54, all maintaining an “incremental” rating. The adjustments reflect the company's stronger shipping prospects, profit margin resilience, and accelerated commercialization of artificial intelligence data centers (AIDC) and solid oxide fuel cells (SOFC).
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