Goldman Sachs Upgrades PDD Holdings to Buy, Announces $129 Price Target
Portfolio Pulse from richadhand@benzinga.com
Goldman Sachs analyst Ronald Keung has upgraded PDD Holdings from Neutral to Buy and set a price target of $129.
August 30, 2023 | 11:56 am
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PDD Holdings has been upgraded from Neutral to Buy by Goldman Sachs with a new price target of $129.
The upgrade from Goldman Sachs, a major financial institution, is a positive signal for PDD Holdings. The new price target of $129 suggests a bullish outlook for the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100