HSBC Maintains Buy on KE Holdings, Lowers Price Target to $21.8
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Max Liang has maintained a Buy rating on KE Holdings (NYSE:BEKE) but has lowered the price target from $23.9 to $21.8.
March 15, 2024 | 7:21 pm
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HSBC analyst Max Liang maintains a Buy rating on KE Holdings but lowers the price target from $23.9 to $21.8.
The reduction in price target by HSBC might cause some investors to adjust their expectations for KE Holdings' stock value in the short term. However, maintaining a Buy rating indicates a positive outlook on the company's fundamentals, which could balance out the impact of the lowered price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100