0715 GMT - CATL has made significant progress in battery technology that could drive its earnings, Jefferies analysts say in a note. At the Shanghai Auto Show, the EV battery maker unveiled a suite of five new technologies that integrate safety and performance, widening the gap with its peers, they say. Management also said the revenue impact from U.S. tariffs would be minimal, the analysts add. The company recently reiterated its aim of building a battery-swap network and targets 1,000 stations this year, they note. Jefferies maintains a buy rating on the stock with a target price of CNY365.00. Shares closed at CNY232.03. (jiahui.huang@wsj.com; @ivy_jiahuihuang)
(END) Dow Jones Newswires
April 29, 2025 03:15 ET (07:15 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。