HSBC Maintains Reduce on DouYu Intl Hldgs, Lowers Price Target to $0.91
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Ritchie Sun maintains a Reduce rating on DouYu Intl Hldgs (NASDAQ:DOYU) and lowers the price target from $1 to $0.91.
May 19, 2023 | 9:32 am
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HSBC analyst Ritchie Sun maintains a Reduce rating on DouYu Intl Hldgs and lowers the price target from $1 to $0.91.
The lowered price target by HSBC analyst Ritchie Sun indicates a bearish outlook on DouYu Intl Hldgs. This news is likely to have a negative impact on the stock price in the short term as investors may adjust their positions based on the new price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100