Chagee (CHA) Secures Buy Rating and Positive Outlook from Citi Analyst | CHA Stock News

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Jun 04, 2025

Citi analyst Xiaopo Wei has commenced coverage of Chagee (CHA, Financial) by assigning a Buy rating along with a price target of $43.70. The firm draws parallels between China's fresh-made tea beverage industry and the consolidation trends observed in the country's sportswear sector, both characterized by franchise-led models. Chagee distinguishes itself as a prominent entity within the premium segment, setting itself apart from numerous value-based competitors through its robust product strategy, well-organized franchise framework, and strong brand presence. The firm’s high operational efficiency further enhances its market position, making it a preferred choice among investors focusing on premium offerings in the rapidly evolving tea market.

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