HSBC Maintains Hold on Bilibili, Lowers Price Target to $16
Portfolio Pulse from jenniferd'souza@benzinga.com
HSBC analyst Charlotte Wei has maintained a 'Hold' rating on Bilibili (NASDAQ:BILI) and lowered the price target from $17 to $16.
July 25, 2023 | 10:14 am
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HSBC has maintained a 'Hold' rating on Bilibili and lowered the price target from $17 to $16, which may impact the stock's performance.
The lowering of the price target by HSBC from $17 to $16 indicates a less optimistic outlook for Bilibili's stock. This could potentially lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100