Morgan Stanley initiated coverage of WeRide with a rating of Overweight and set a new price target of $23.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/19/2024 | $23.00 | Overweight | Morgan Stanley |
NEW YORK, Nov. 20, 2024 (GLOBE NEWSWIRE) -- WeRide (NASDAQ:WRD), the leading global commercial-stage company developing autonomous driving technologies from Level 2 to Level 4, announced that its Robosweeper S6 and Robosweeper S1 have officially commenced operations at Marina Coastal Drive and Esplanade in Singapore, respectively. This milestone represents Singapore's first commercialized autonomous sanitation project, setting a benchmark for the broader adoption of smart sanitation technologies in the country. The commercial launch of WeRide's two autonomous sanitation devices follows one week after the company's receipt of M1 and T1 licenses from the Land Transport Authority of Singapor
Deutsche Bank announced today its appointment as depositary bank for the NASDAQ-listed American Depositary Receipt program of WeRide Inc. WeRide Inc. (NASDAQ:WRD) provides autonomous driving products and services from Level 2 to Level 4, addressing transportation needs across a wide range of use cases on open road, including in mobility, logistics, and sanitation industries. Its corporate headquarters are located in Guangzhou, China.* In addition to specializing in administering cross-border equity structures such as New York Shares and American and Global Depositary Receipts, Deutsche Bank provides corporates, financial institutions, hedge funds and supranational agencies around the worl
NEW YORK, Oct. 28, 2024 (GLOBE NEWSWIRE) -- WeRide Inc. ("WeRide" or the "Company") (NASDAQ:WRD), a global leader and a first mover in the autonomous driving industry, today announced that its previously announced initial public offering (the "Offering") of 7,742,400 American depositary shares ("ADSs") at a price to the public of US$15.50 per ADS closed on October 28, 2024. Each ADS represents three Class A ordinary shares of the Company. WeRide's ADSs began trading on the Nasdaq Global Select Market on October 25, 2024, under the ticker symbol "WRD." The Company has granted the underwriters an option, exercisable within 30 days from the date of the final prospectus, to purchase up to
Morgan Stanley initiated coverage of WeRide with a rating of Overweight and set a new price target of $23.00
SC 13D - WeRide Inc. (0001867729) (Subject)