JPMorgan raised the firm’s price target on PDD Holdings to $120 from $110 and keeps an Overweight rating on the shares following the Q2 beat.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on PDD:
- PDD Holdings price target raised to $120 from $105 at Bernstein
- PDD Holdings price target raised to $115 from $103 at Barclays
- PDD Holdings price target raised to $114 from $95 at CLSA
- PDD Holdings price target raised to $125 from $110 at Citi
- PDD Holdings price target raised to $112 from $97 at BofA