瑞银：升潍柴动力(02338)目标价至27.8港元 评级上调至“买入”

Core Viewpoint - UBS has raised the target price for Weichai Power (02338) from HKD 18.5 to HKD 27.8 and upgraded its rating from "Neutral" to "Buy" [1] Financial Forecasts - The company’s earnings forecasts for 2026 to 2027 have been increased by 3% to 5% [1] - Earnings estimates for 2028 to 2030 have been significantly raised by 11% to 27% [1] Business Transformation - Weichai Power's business transformation has exceeded expectations [1] - By 2030, the contribution of power generation to net profit is expected to rise from 17% this year to 44% [1] - This increase is believed to be sufficient to offset the negative risks associated with electric trucks [1]