UBS Maintains Buy on Bilibili, Lowers Price Target to $23
Portfolio Pulse from richadhand@benzinga.com
UBS analyst Felix Liu maintains a Buy rating on Bilibili (NASDAQ:BILI) but lowers the price target from $35 to $23.
June 08, 2023 | 1:49 pm
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NEUTRAL IMPACT
UBS analyst Felix Liu maintains a Buy rating on Bilibili (NASDAQ:BILI) but lowers the price target from $35 to $23.
The news of UBS maintaining a Buy rating on Bilibili is positive for the stock, but the lowering of the price target from $35 to $23 may create uncertainty among investors. This mixed sentiment may result in a neutral short-term impact on BILI's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100