Benchmark Maintains Buy on PDD Holdings, Raises Price Target to $215
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Fawne Jiang has maintained a Buy rating on PDD Holdings (NASDAQ:PDD) and increased the price target from $190 to $215.
January 02, 2024 | 7:14 pm
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POSITIVE IMPACT
Benchmark analyst Fawne Jiang reaffirms a Buy rating on PDD Holdings and raises the price target to $215, indicating a positive outlook on the stock.
The increase in price target by Benchmark analyst Fawne Jiang suggests a strong conviction in the future performance of PDD Holdings. This is likely to be viewed positively by investors and could lead to a short-term increase in the stock price as market sentiment aligns with the analyst's upgraded outlook.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100