大和：升中通快递-W(02057)评级至“买入” 目标价上调至180港元

Core Viewpoint - Daiwa has upgraded ZTO Express (02057) from "Outperform" to "Buy" and raised the target price from HKD 155 to HKD 180, citing lower package volume growth targets and improved industry pricing environment as key drivers for stock re-evaluation [1] Company Summary - ZTO Express's package volume growth target is considered low, which may positively influence its stock performance [1] - The improvement in the industry pricing environment is expected to further support the company's valuation [1] Industry Summary - The overall industry pricing environment is showing signs of improvement, which is beneficial for companies like ZTO Express [1]