JP Morgan Reiterates Overweight on PDD Holdings, Maintains $110 Price Target
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Andre Chang reiterates an Overweight rating on PDD Holdings (NASDAQ:PDD) and maintains a $110 price target.
May 30, 2023 | 9:10 am
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JP Morgan analyst Andre Chang reiterates an Overweight rating on PDD Holdings and maintains a $110 price target.
The reaffirmation of the Overweight rating and $110 price target by JP Morgan analyst Andre Chang indicates a positive outlook for PDD Holdings. This news is likely to have a positive impact on the stock price in the short term as it shows confidence in the company's performance and potential growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100