JP Morgan Maintains Overweight on PDD Holdings, Raises Price Target to $120
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Andre Chang maintains an Overweight rating on PDD Holdings and raises the price target from $110 to $120.
August 30, 2023 | 1:03 pm
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POSITIVE IMPACT
JP Morgan maintains an Overweight rating on PDD Holdings and raises the price target from $110 to $120. This could potentially lead to an increase in the stock's price.
The raised price target by JP Morgan indicates a positive outlook for PDD Holdings. This could lead to increased investor confidence and potentially an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100