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M Stanley Initiates KINGSOFT CLOUD HOLDINGS LIMITED (KC.US) at Overweight, Profitability Continues to Improve
2026-07-09 10:03:07
Morgan Stanley published a research report stating that it recently initiated coverage on KINGSOFT CLOUD HOLDINGS LIMITED (KC.US) with an "Overweight" rating and a USD15 target price. The broker is optimistic about the company's transformation from a mid-tier general cloud service provider into an AI cloud service provider. Its AI revenue is growing rapidly, profitability continues to improve, and it is backed by the strong ecosystem support from XIAOMI-W (01810.HK) and Kingsoft Group. (sl/u)~

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