Check Out What Whales Are Doing With PDD
Portfolio Pulse from Benzinga Insights
A significant number of investors have taken a bearish stance on PDD Holdings (NASDAQ:PDD), with 77% of detected trades showing bearish expectations. Whales have been targeting a price range from $75.0 to $150.0 for PDD Holdings over the last 3 months. The price of PDD is currently down -2.39% at $100.82. Despite this, several financial institutions including JP Morgan, Benchmark, Goldman Sachs, Bernstein, and B of A Securities have maintained or upgraded their ratings on PDD Holdings, with price targets ranging from $112 to $140.
September 05, 2023 | 4:00 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Bearish sentiment detected in PDD Holdings with 77% of trades. However, several financial institutions maintain or upgrade their ratings on PDD, indicating potential positive movement.
Despite the bearish sentiment detected in the trades, the maintained and upgraded ratings from several financial institutions indicate a potential positive movement for PDD Holdings. This could balance out the bearish sentiment, leading to a neutral short-term impact.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100