Business & Market 🇨🇳 11.08.2026 21:03

Morgan Stanley Raises Target Price by Nearly 72%, Zhipu Surges Over 4%

Morgan Stanley has raised its target price for Zhipu by nearly 72%, leading to a surge of over 4% in Zhipu's stock. The adjustment reflects the bank's positive outlook on Zhipu's growth prospects.
Morgan Stanley increased its target price for Chinese AI company Zhipu by almost 72%, which prompted a more than 4% rise in Zhipu's share price. The move signals the bank's confidence in Zhipu's future performance and market position. This development was reported by Wall Street Insights, a financial news outlet.
Source: Zhipu GLM (GNews) — original
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