Benchmark Maintains Buy on iQIYI, Lowers Price Target to $9
Portfolio Pulse from richadhand@benzinga.com
Benchmark analyst Fawne Jiang maintains a Buy rating on iQIYI (NASDAQ:IQ) but lowers the price target from $10 to $9.
August 23, 2023 | 2:00 pm
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Benchmark analyst Fawne Jiang maintains a Buy rating on iQIYI but lowers the price target from $10 to $9.
The news is directly related to iQIYI and is likely to influence investor sentiment. While the Buy rating is maintained, the lowering of the price target may indicate a less optimistic outlook for the company's stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100