Goldman Sachs Reaffirms "Buy" Rating for MEITU with HK$14.3 Target Price
Stock News
May 19
According to a research report, Goldman Sachs anticipates that the integration of AI models at MEITU (01357) will significantly enhance the average revenue per user (ARPU) for its productivity tools by offering more advanced features and driving higher token consumption. Management has indicated that the company plans to train its own vertical AI models to replace costly third-party APIs, which is expected to reduce costs in the medium term. The firm maintains a 12-month target price of HK$14.3 and a "Buy" rating for MEITU.
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