Morgan Stanley analyst Eddy Wang raised the price target on Beike (NYSE: BEKE) to $23.00 (from $22.00) while maintaining a Overweight rating.

The analyst comments "Despite the uncertain property market in China, BEKE's continuous market share gain and its strong 2Q26 earnings prove that its improving operational efficiency and alpha-generated capability can translate into sustainable earnings in the long term. Maintain OW."