Goldman Sachs Maintains Buy Rating for PDD Holdings: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Goldman Sachs has maintained its Buy rating for PDD Holdings (NASDAQ:PDD) and increased its price target from $137.00 to $155.00. PDD Holdings' shares are currently trading down 0.35% at $106.75 per share. The new price target would represent a 45.2% increase from the current share price.
November 07, 2023 | 5:00 pm
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Goldman Sachs has maintained its Buy rating for PDD Holdings and raised its price target, indicating a positive outlook for the company.
The maintenance of the Buy rating and the increase in price target by Goldman Sachs indicates their positive outlook for PDD Holdings. This could potentially attract more investors, driving the stock price up in the short term.
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IMPORTANCE 80
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