Citi analyst Brian Gong opened an “upside 30-day catalyst watch” on Full Truck Alliance (YMM) while keeping a Buy rating on the shares with a $14 price target The firm expects a gradual recovery in the company’s orders to drive a re-rating of the shares. Full Truck’s volume growth should hit the higher end of its 12%-14% Q1 guidance and its momentum should ramp in Q2, the analyst tells investors in a research note.
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