Bernstein Maintains Outperform on PDD Holdings, Raises Price Target to $120
Portfolio Pulse from richadhand@benzinga.com
Bernstein analyst Robin Zhu maintains an Outperform rating on PDD Holdings (NASDAQ:PDD) and raises the price target from $105 to $120.

August 30, 2023 | 3:44 pm
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POSITIVE IMPACT
Bernstein analyst maintains an Outperform rating on PDD Holdings and raises the price target from $105 to $120.
The news of Bernstein maintaining an Outperform rating and raising the price target for PDD Holdings is likely to instill confidence in investors and could potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100