Z.AI is trading at HK$1265 (+4.72%) after Morgan Stanley raised its price target to HK$1700 from HK$990, citing stronger growth prospects and improving fundamentals.

  • The analyst target increase represents a 72% valuation uplift.
  • Recent trading remains volatile, following a 14.63% gain on August 7 and a 4.79% decline on August 11.
  • Daiwa initiated coverage with a HK$1500 target and Buy rating on August 12.