Barclays Maintains Overweight on PDD Holdings, Raises Price Target to $115
Portfolio Pulse from richadhand@benzinga.com
Barclays analyst Jiong Shao has maintained an Overweight rating on PDD Holdings and raised the price target from $103 to $115.
August 30, 2023 | 3:46 pm
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POSITIVE IMPACT
Barclays has maintained an Overweight rating on PDD Holdings and increased the price target from $103 to $115.
The news of Barclays maintaining an Overweight rating and raising the price target for PDD Holdings is likely to be seen as a positive signal by the market, potentially leading to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100