Benchmark Reiterates Buy on JOYY, Maintains $49 Price Target
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Fawne Jiang has reiterated a Buy rating on JOYY Inc. (NASDAQ:YY) and maintained a $49 price target for the company's stock.
December 01, 2023 | 5:55 pm
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Benchmark analyst Fawne Jiang reaffirmed a Buy rating on JOYY Inc. and maintained a $49 price target, indicating a positive outlook on the stock.
The reiteration of a Buy rating and the maintenance of a $49 price target by a Benchmark analyst could lead to increased investor confidence in JOYY Inc. This endorsement may result in a positive short-term impact on the stock price as it suggests the analyst's belief in the company's potential to reach or exceed the target price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100