Citi analyst Judy Zhang raised the firm’s price target on Qifu Technology to $23.80 from $23.54 and keeps a Buy rating on the shares. The company reported in-line Q4 results with conservative guidance, the analyst tells investors in a research note. The firm says Qifu is prioritizing quality growth over volume growth in 2024.
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Read More on QFIN:
- Qifu Technology Announces Fourth Quarter and Full Year 2023 Unaudited Financial Results, Declares Semi-Annual Dividend and Announces a New Share Repurchase Plan
- Qifu Technology to Announce Fourth Quarter and Full Year 2023 Unaudited Financial Results on March 12, 2024
- Lufax downgraded to Neutral from Buy at BofA
