Jefferies Maintains Buy on PDD Holdings, Raises Price Target to $161
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Thomas Chong maintains a Buy rating on PDD Holdings (NASDAQ:PDD) and raises the price target from $157 to $161.
March 21, 2024 | 12:03 pm
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Jefferies analyst Thomas Chong maintains a Buy rating on PDD Holdings and raises the price target from $157 to $161.
The increase in price target by a reputable analyst suggests a positive outlook on PDD Holdings' stock, likely leading to a short-term increase in its stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100