Morgan Stanley Raises Price Target on ZTO Express to $30.10
On May 20, 2026, Morgan Stanley raised its price target for ZTO Express (ZTO) from $28.50 to $30.10 and maintained an Overweight rating following the company's Q1 results showing improved unit profitability and market share gains. Meanwhile, BofA lowered its price target on ZTO to $25.60 while maintaining a Neutral stance due to concerns over Alibaba’s potential stake sale.
Topics: BofA Morgan Stanley price target adjustment stock rating ZTO Express