PDD Holdings shares are trading higher after multiple firms raised their respective price target on the stock following its Q1 results last week.
Portfolio Pulse from Benzinga Newsdesk
PDD Holdings shares are trading higher after multiple firms raised their respective price target on the stock following its Q1 results last week.
May 30, 2023 | 12:19 pm
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PDD Holdings shares are trading higher after multiple firms raised their respective price target on the stock following its Q1 results last week.
PDD Holdings' strong Q1 results led to multiple firms raising their price targets on the stock, which in turn has caused the shares to trade higher. This positive sentiment is likely to result in a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100