Citigroup Maintains Buy on PDD Holdings, Raises Price Target to $105
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Alicia Yap maintains a Buy rating on PDD Holdings (NASDAQ:PDD) and raises the price target from $100 to $105.
May 30, 2023 | 9:46 am
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POSITIVE IMPACT
Citigroup analyst Alicia Yap maintains a Buy rating on PDD Holdings and raises the price target from $100 to $105.
The news of Citigroup maintaining a Buy rating and raising the price target for PDD Holdings is positive for the stock. This indicates that the analyst believes the stock has potential for further growth and is likely to perform well in the short term. As a result, the stock price is expected to go up.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100