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WeRide's Robotaxi And Partnerships Are Key Growth Drivers For Global Expansion: Analyst

Summary

WeRide (WRD) is a leader in autonomous driving technology, with a strong product lineup and global presence. Analyst Tim Hsiao initiated coverage with an Overweight rating and a price target of $23, highlighting the company's potential for growth in the rapidly expanding autonomous driving market. WeRide's partnerships and increasing commercialization efforts further support its long-term trajectory. WRD stock is down 2.10% at $18.88.

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Article published on November 20, 2024 by benzinga