Citi analyst Harry Chen opened a “90-day positive catalyst watch” on shares of KE Holdings while keeping a Buy rating on the name with a $21.10 price target. The firm says KE is its sector top pick given its “proven market share gain amid market volatilities, better shareholders return and high growth trajectory for new initiatives.” The analyst expects the company’s subscription sales to turn positive year-over-year in May on better transactions converted from rising sales office visitations since March.
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