Barclays Maintains Overweight on PDD Holdings, Raises Price Target to $103
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jiong Shao maintains an Overweight rating on PDD Holdings (NASDAQ:PDD) and raises the price target from $100 to $103.
May 31, 2023 | 9:46 am
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Barclays analyst Jiong Shao maintains an Overweight rating on PDD Holdings and raises the price target from $100 to $103.
The news of Barclays maintaining an Overweight rating on PDD Holdings and raising the price target from $100 to $103 indicates a positive outlook for the company's stock. This could lead to an increase in investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100