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Effective March 10, Horizon Robotics-W has officially been included as a constituent stock in both the Hang Seng Composite Index and the Hang Seng TECH Index. By the end of May, the company anticipates becoming an investable target through Stock Connect. Following this adjustment, Horizon Robotics stands as the sole investment target among the constituent stocks dedicated to the research and development of intelligent driving technology. Both Goldman Sachs and Citibank hold positive outlooks for Horizon Robotics. Goldman Sachs projects a further increase in its valuation, with a target price elevation to HK$11.77. Meanwhile, Citibank has raised its sales forecasts for this year and next by 25%, increasing the target price to HK$12.3 and initiating a 90-day upward catalyst observation.
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