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WeRide price target raised to $11.80 from $11.50 at BofA

BofA analyst Ming Hsun Lee raised the firm’s price target on WeRide (WRD) to $11.80 from $11.50 and keeps a Buy rating on the shares. The firm raised its 2026, 2027 and 2028 sales forecasts by 1%, 3% and 2%, respectively, incorporating the Q1 results and updated fleet guidance.

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