Zhihu price target lowered to $1.10 from $1.90 at Jefferies

Jefferies lowered the firm’s price target on Zhihu to $1.10 from $1.90 and keeps a Buy rating on the shares ahead of the company’s Q4 report. The firm estimates total revenue to grow at 6% quarter-over-quarter and expects MAU to remain flattish on sequential basis in Q4, the analyst tells investors in the firm’s preview.