Haitong International upgraded ROBOSENSE's rating due to its strong revenue growth in the robotics business, which is seen as a key factor in transitioning the company from an 'automotive LiDAR' player to a 'physical AI perception hardware platform'. The firm anticipates significant revenue growth and earnings potential driven by increased production from major clients, product improvements, and the introduction of proprietary chips. As a result, they raised the target price and maintained an Outperform rating.
