Deutsche Bank initiates coverage on Uxin (UXIN.US) for the first time: giving a target price of $4.5 and bullish on its "superstore" business model.

According to the financial news app Zhitong Financial, on December 22, Deutsche Bank released a research report covering the leading Chinese used car retailer Uxin (UXIN.US) for the first time. It gave a "buy" rating and set a 12-month target price of $4.5, which is approximately 31% higher than the current stock price.