JP Morgan Upgrades Bilibili to Neutral, Raises Price Target to $11
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Daniel Chen upgraded Bilibili (NASDAQ:BILI) from Underweight to Neutral and increased the price target from $10 to $11.

March 11, 2024 | 8:54 am
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POSITIVE IMPACT
Bilibili's stock rating was upgraded by JP Morgan from Underweight to Neutral, with a price target increase from $10 to $11.
The upgrade from Underweight to Neutral by a major financial institution like JP Morgan suggests a more favorable outlook on Bilibili's stock, potentially leading to increased investor confidence and a positive short-term price movement. The increase in price target further supports this positive outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100