HSBC Maintains Hold on Bilibili, Lowers Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Charlotte Wei maintains a Hold rating on Bilibili (NASDAQ:BILI) and lowers the price target from $22 to $17.
June 02, 2023 | 9:28 am
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HSBC analyst Charlotte Wei maintains a Hold rating on Bilibili and lowers the price target from $22 to $17.
The lowered price target from $22 to $17 by HSBC analyst Charlotte Wei indicates a bearish outlook on Bilibili's stock in the short term. This news may negatively impact the stock price as investors adjust their expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100