Miniso Group Holding (MNSO) received a rating upgrade to buy from DBS Bank, with a price target of $26.20.
The company's shares were up nearly 13% in recent Monday.
Nomura also raised Miniso's price target to $26.30 from $25.60, while keeping a buy rating.
Miniso's trading volume stood at about 3.8 million shares against a daily average of 3 million.
Price: 22.56, Change: +2.55, Percent Change: +12.72