The following are the latest ratings and target prices for US stocks from various brokerage firms:
BOCOM International maintains its support for iQiyi (IQ.O) Buy rating, target price $2.80:
The company focuses on developing top-tier content and IP value, with a fall slate of over 400 titles, and is simultaneously promoting both long-running and short-form dramas. Content distribution benefits from drama series distribution and film box office performance, with Q3 revenue expected to be robust. Although content costs are rising, operating expenses are being managed prudently. Based on a 2026 PE ratio of 15x, the target price is slightly adjusted to $2.8, representing a 36% upside from the current price.
CITIC Securities Maintain Baozun e-commerce (BZUN.O) Buy rating:
We project Q3 2025 revenue of RMB 2.18 billion, a year-on-year increase of 5.8%, with a non-GAAP net loss of RMB 11 million. The core e-commerce business saw a significant profit recovery, while the brand management business benefited from newly signed brand ambassadors and a recovery in offline traffic, resulting in strong revenue growth. We are optimistic about the continued improvement in e-commerce profitability and the progress in reducing losses in brand management.
CITIC Securities maintains its TSMC rating. (TSM.N) Buy rating:
The company's quarterly results exceeded expectations, benefiting from strong demand for 3nm/5nm chips and high capacity utilization of advanced processes. The improving AI market has led to an upward revision of the 2025 revenue growth guidance to 35%, with capital expenditure increasing to $40-42 billion. Leveraging its leading position in advanced process technology, the company's AI chip business ... Mass production and the deployment of advanced packaging and testing will drive continued high growth in AI revenue.
CITIC Securities We maintain our Buy rating on TSMC (TSM.N) with a target price of $351.24 per ADS.
Better-than-expected AI demand drove both revenue and gross margin growth, with HPC accounting for 57% of total revenue and advanced process technologies (3nm/5nm) contributing 60%. N2 mass production is imminent, demonstrating a significant technological lead. Upward revisions to Q4 guidance and full-year CapEx reflect confidence in long-term growth. The target price is based on a 2026 PE ratio of 28x.
SPDB International maintains its "Buy" rating on TSMC (TSM.N) with a target price of US$363.8.
Strong demand for AI computing power has driven TSMC to revise its 2025 revenue growth forecast to 35%, with capital expenditures increasing to US$40-42 billion, reflecting confidence in long-term growth. Third-quarter gross margin reached 59.5%, and fourth-quarter guidance has been further improved, with earnings exceeding expectations. The company is a top pick in the AI chip sector , with room for valuation growth and continuously improving fundamentals.
(Article source: CLS)
