HSBC Maintains Hold on Daqo New Energy, Lowers Price Target to $38.7
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Daniel Yang has maintained a 'Hold' rating on Daqo New Energy (NYSE:DQ) and lowered the price target from $42.8 to $38.7.
August 04, 2023 | 3:05 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
HSBC has maintained a 'Hold' rating on Daqo New Energy and lowered the price target, which could potentially impact the stock's performance.
The lowering of the price target by HSBC indicates a potential decrease in the stock's value. This could lead to a negative sentiment among investors, potentially impacting the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100