Morgan Stanley lowered the firm’s price target on ZTO Express (ZTO) to $24.20 from $24.60 and keeps an Overweight rating on the shares. The firm expects ZTO’s “cost” of market share gain to gradually reduce in the coming quarters, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ZTO:
- ZTO Express Reports Stable Share Capital for June 2025
- Positive Outlook for ZTO Express: Market Share Recovery and Raised Price Target
- ZTO Express Maintains Stable Share Structure in May 2025
- JPMorgan upgrades ZTO to Overweight on improved risk/reward
- ZTO Express upgraded to Overweight from Neutral at JPMorgan