Stock Track | WeRide Inc. Soars 5.10% Intraday After Bank of America Initiates Coverage with Buy Rating

Stock Track12-02

WeRide Inc.'s stock surged 5.10% during Monday's intraday trading session, outperforming the broader market.

The rally followed Bank of America's initiation of coverage on WeRide with a Buy rating, citing the company's potential for fleet expansion, profitability by 2029, and growth in its robotaxi and related businesses. Analysts highlighted WeRide's first-mover advantages and partnerships as key drivers for future success.

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