Citigroup Maintains Buy on PDD Holdings, Raises Price Target to $185
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Alicia Yap maintains a Buy rating on PDD Holdings (NASDAQ:PDD) and raises the price target from $170 to $185.
March 21, 2024 | 4:13 pm
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Citigroup analyst Alicia Yap maintains a Buy rating on PDD Holdings and raises the price target from $170 to $185.
The upgrade in the price target by Citigroup, a major financial institution, reflects a positive outlook on PDD Holdings' future performance. This endorsement is likely to instill confidence in investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100