Editor/Peter
Mizuho: Maintain Tesla's "Buy" rating, with the price target raised to $1300 from $950
Mizuho analyst Rakesh said $Tesla (TSLA. US)$Deliveries in the fourth quarter of last year were 308,600 units, up 71% year-over-year and nearly 20% higher than generally expected. He believes that the increase in the number of Tesla deliveries and exports in China has driven the growth of Q4 deliveries. Rakesh expects Tesla's deliveries to increase in 2022, "showing an upward trend." Rakesh continues to believe that as traditional automakers "struggle to balance" their internal combustion engine and EV portfolios, "vertically integrated" EV companies Tesla, Rivian Automotive and NIO are all well positioned for long-term growth.
Citi: Maintains Tencent's "Buy" rating with a target price of HK$703
Essence International: Maintaining China Mobile Group's "Buy" rating with a target price of HK$82.25
Essence International released a research report saying that maintaining the "buy" rating of $China Mobile (00941.HK) $, with a target price of HK$82.25, expects the net profit attributable to the mother in 2021-2023 to be 1142/1233/1339 billion yuan, an increase of 5.9%/7.9%/8.6% year-on-year. The bank pointed out that the mobile A-share issuance of shares is officially listed, the company's performance is stable, the valuation is cheap, the dividend yield is high, the logic of marginal improvement in fundamentals is gradually verified, and the recently announced large repurchase plan is expected to enhance shareholder returns.
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