[ET Net News Agency, 18 February 2021] Goldman Sachs initiated coverage on Yidu Tech
Inc. (02158) with a "neutral" rating and a target price of HK$67.
The research house said Yidu is a leading Chinese AI/big data company with 5% market
share as of 2019 in a highly fragmented market. It assists healthcare companies/users to
raise the efficiency and efficacy of their processes by enabling them to draw deeper
insights from data.
Goldman believes Yidu's industry-leading data intelligence infrastructure - YiduCore -
offers a differentiated value proposition to both China's top research hospitals,
regulators, and global life sciences firms.
It forecasted Yidu's revenues/gross profits to grow by +80%/+92% CAGR (FY2020-23). (KL)
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Super Quote | Detail Quote | Interactive Chart | Transaction | Related News | Related Securities | Company Information | Dividend Records | Short Sell
02158 YIDU TECH
Nominal 
3.350 -0.050 (-1.471%) Research Report
18/02/2021 10:44
{I-bank focus}Goldman starts Yidu Tech (02158) at HK$67
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