Goldman Sachs Reaffirms 'Buy' Rating for Meitu with HK$14.30 Target Price
Deep News
May 20
Goldman Sachs issued a research report stating that the integration of AI models at Meitu (01357) is expected to significantly enhance the average revenue per user (ARPU) for the company's productivity tools by offering more advanced functionalities and driving increased token consumption. Management noted that the company plans to independently train vertical AI models to replace costly third-party APIs, which should reduce costs in the medium term. The firm maintains a 12-month target price of HK$14.30 for Meitu with a 'Buy' rating.
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