港股异动 | 宁德时代(03750)低开逾4% 小摩称当前估值较为合理 基石投资者禁售期将于下月到期

Core Viewpoint - CATL (宁德时代) experienced a decline of over 4% in its stock price, attributed to a downgrade in its rating by JPMorgan from "Overweight" to "Neutral" due to reasonable current valuations [1] Group 1: Stock Performance - As of the report, CATL's stock price fell by 4.01%, reaching 586 HKD, with a trading volume of 50.066 million HKD [1] Group 2: Analyst Insights - JPMorgan raised the target price for CATL by 13% to 600 HKD, based on a 30x price-to-earnings ratio projected for 2026 [1] - The report highlighted that nearly 50% of the issued Hong Kong shares are held by cornerstone investors, whose lock-up period will expire on November 19, potentially leading to selling pressure and technical price resistance [1]