Core Viewpoint - Tigress Financial has raised the target price for Rivian Automotive from $21 to $25 while maintaining a "buy" rating [1] Company Summary - The target price adjustment reflects a positive outlook on Rivian Automotive's performance and market position [1]

Core Viewpoint - Bank of America has raised the target price for Minhua Holdings (01999) by 15% from HKD 4.6 to HKD 5.3, maintaining a "Neutral" investment rating due to resilient profit margins and a 6% dividend yield offsetting uncertainties from tariff policies and domestic demand [1] Financial Performance - Minhua's net profit for the first half of the year was HKD 1.146 billion, a year-on-year increase of 0.6%, exceeding expectations by 7% [1] - Revenue decreased by 3% year-on-year to HKD 8.045 billion, primarily impacted by a 6% decline in the Chinese market (average selling price/sales volume: down 6%/flat) [1] - The gross profit margin was better than expected at 40.4%, benefiting from favorable raw material costs, with gross margins in China and the US both up by 1 percentage point compared to the same period last year [1] Cost and Expenses - Selling, general, and administrative expenses increased by 1.7 percentage points to 23.7%, mainly reflecting the tariff-sharing agreement reached with customers in Vietnam [1] Dividend Announcement - The company announced a dividend of HKD 0.15 per share, unchanged from the previous year [1]

Group 1 - Wells Fargo raised AMD's target price from $300 to $345, maintaining an "overweight" rating [1]

Core Viewpoint - Stifel has raised the target price for Rocket Lab from $65 to $75, indicating a positive outlook for the company [1] Company Summary - The adjustment in target price reflects Stifel's confidence in Rocket Lab's growth potential and market position [1]

Core Viewpoint - Wedbush has raised Lyft's target price from $17 to $20 while maintaining a "neutral" rating [1] Group 1 - The target price adjustment reflects a positive outlook on Lyft's performance [1] - The "neutral" rating indicates a cautious stance on Lyft's stock potential [1]

Group 1 - Goldman Sachs raised Uber's target price from $120 to $126 while maintaining a "Buy" rating [1]

Core Viewpoint - Deutsche Bank raised the target price for Palantir Technologies from $160 to $200 while maintaining a "Hold" rating [1] Group 1 - The target price adjustment indicates a positive outlook for Palantir Technologies [1] - The "Hold" rating suggests that the company is viewed as stable but not necessarily a strong buy at this time [1]

Core Viewpoint - Goldman Sachs raised the target price for Palantir Technologies from $141 to $188 while maintaining a "Neutral" rating [1] Group 1 - The target price adjustment reflects a positive outlook on Palantir Technologies' performance [1] - The new target price represents a significant increase of approximately 33.3% from the previous target [1]

Core Viewpoint - CICC has raised the target price for China Eastern Airlines (00670) to HKD 5.5, maintaining an "outperform" rating due to improved profit forecasts for 2026 and expected valuation increases as the market cycle deepens [1] Financial Performance - In Q3, China Eastern Airlines reported revenue of RMB 39.59 billion, a year-on-year increase of 3.1% [1] - The net profit for the same period was RMB 3.53 billion, corresponding to earnings per share of RMB 0.16, reflecting a year-on-year growth of 34.4% [1] - The performance was in line with CICC's expectations [1] Cost and Pricing Analysis - The decline in oil prices contributed to a decrease in unit operating costs, which fell by 4.3% year-on-year [1] - Domestic oil prices decreased by 11.2% year-on-year, impacting the overall cost structure positively [1] Profit Forecast Adjustments - Due to lower-than-expected ticket prices in the first three quarters of 2025, CICC has reduced the net profit forecast for China Eastern Airlines A/H shares for 2025 by 37.5% to RMB 1.49 billion [1] - Conversely, the profit forecast for 2026 has been increased by 8.3% to RMB 5.93 billion, reflecting improved ticket price expectations [1]

Core Viewpoint - The report from CICC indicates an upward revision of profit forecasts for China Eastern Airlines (600115.SH, 00670) for 2026, leading to an increase in valuation expectations as the market cycle deepens [1] Group 1: Target Price Adjustments - The target price for China Eastern Airlines' A-shares has been raised by 30% to 6.5 CNY, corresponding to a 24.4 times price-to-earnings ratio for 2026 [1] - The target price for the H-shares has been increased by 56.7% to 5.5 HKD, reflecting an 18.7 times price-to-earnings ratio for 2026 [1] Group 2: Financial Performance - In Q3, the company reported revenue of 39.59 billion CNY, a year-on-year increase of 3.1% [1] - The net profit for the same period was 3.53 billion CNY, translating to earnings per share of 0.16 CNY, which is a 34.4% year-on-year growth [1] - The performance was largely in line with expectations from CICC [1] Group 3: Cost and Pricing Dynamics - A decrease in oil prices contributed to a reduction in unit operating costs, which fell by 4.3% year-on-year [1] - The decline in domestic oil prices was noted at 11.2% year-on-year [1] - Due to lower-than-expected ticket prices in the first three quarters of 2025, the net profit forecast for 2025 has been cut by 37.5% to 1.49 billion CNY [1] - However, with improved ticket price expectations, the net profit forecast for 2026 has been raised by 8.3% to 5.93 billion CNY [1]