Benchmark Maintains Buy on PDD Holdings, Raises Price Target to $140
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Fawne Jiang maintains a Buy rating on PDD Holdings (NASDAQ:PDD) and raises the price target from $125 to $140.
August 30, 2023 | 4:54 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Benchmark analyst Fawne Jiang maintains a Buy rating on PDD Holdings and raises the price target from $125 to $140.
The news of a maintained Buy rating and an increased price target by a Benchmark analyst is likely to have a positive impact on PDD Holdings' stock in the short term. Investors often react positively to such news as it indicates a strong performance expectation from the company.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100