Stock Track | Uxin Soars 12.32% Intraday as Deutsche Bank Initiates Coverage with $4.5 Target Price

Stock Track12-22 23:18

Uxin's stock surged 12.32% during Monday's intraday session, driven by positive analyst sentiment. Deutsche Bank initiated coverage on the Chinese used-car retailer with a "Buy" rating and a 12-month target price of $4.5, implying a 31% upside from current levels.

The report highlights Uxin's systemic advantages, including its innovative "super store" model, which features intelligent pricing and efficient inventory turnover. Deutsche Bank projects strong growth for the company, with a 75% CAGR in total transactions and a 71% revenue CAGR from 2025 to 2028, anticipating profitability by 2028.

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