Citigroup Maintains Sell on DouYu Intl Hldgs, Lowers Price Target to $0.6
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Yiwen Zhang has maintained a Sell rating on DouYu Intl Hldgs (NASDAQ:DOYU) and lowered the price target from $0.7 to $0.6.

March 28, 2024 | 1:14 pm
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Citigroup has maintained a Sell rating on DouYu Intl Hldgs and lowered the price target from $0.7 to $0.6.
The maintenance of a Sell rating combined with a lowered price target by a major financial institution like Citigroup suggests a negative outlook on the stock's short-term performance. This could lead to decreased investor confidence and potentially lower stock prices in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100