CATL shares surge on margin improvement, strong growth in cheap EV batteries

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Shares in CATL surged 14.5% to RMB 180.85 ($25.2) on Monday after Morgan Stanley lifted its rating on the stock to Buy from Hold and forecast the Chinese electric vehicle battery maker to return to strong profit growth in the coming months this year. The analysts raised CATL’s price target from RMB 184 to RMB[…[…
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作者 gocpmall