Benchmark Maintains Buy on PDD Holdings, Raises Price Target to $190
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Fawne Jiang has reaffirmed a Buy rating on PDD Holdings (NASDAQ:PDD) and increased the price target from $140 to $190.
November 29, 2023 | 3:19 pm
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Benchmark analyst Fawne Jiang maintains a Buy rating on PDD Holdings and raises the price target from $140 to $190, indicating a positive outlook on the stock.
The increase in price target by Benchmark analyst Fawne Jiang is a strong positive signal for PDD Holdings, suggesting that the analyst sees significant upside potential for the stock. This could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100