Morgan Stanley raises CATL price target & forecasts strong profit growth for 2024
Teslarati
MARCH 12, 2024
Morgan Stanley raised its price target for CATL from RMB 184 to RMB 210. Morgan Stanley forecasted that the Chinese battery supplier will return to solid profit growth later in 2024. CATL’s first Beijing battery plant will supply cells to Li Auto and Xiaomi Auto. to RMB 180.85 to RMB 180.85
Let's personalize your content