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Goldman Sachs Substantially Increases Target Price for Zhongji Innolight
3 hour ago /
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Author：小编
On Thursday, Zhongji Innolight unveiled its financial report, revealing that in the first quarter of 2026, the company achieved revenues of approximately RMB 19.496 billion, marking a remarkable year-on-year surge of 192.12%. Its net profit soared to around RMB 5.735 billion, a staggering 262.28% increase compared to the same period last year. In light of these impressive results, Goldman Sachs has decided to significantly raise its target price for Zhongji Innolight from RMB 791 to RMB 1,187, while maintaining a "Buy" rating. Moreover, the investment bank expressed a bullish outlook on the optical communication network sector, stating that the ongoing evolution of data center architectures is set to propel market expansion.
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