Benchmark Maintains Buy on PDD Holdings, Raises Price Target to $230
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Fawne Jiang maintains a Buy rating on PDD Holdings (NASDAQ:PDD) and raises the price target from $220 to $230.
May 23, 2024 | 1:40 pm
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Benchmark analyst Fawne Jiang has reaffirmed a Buy rating on PDD Holdings and increased the price target from $220 to $230, indicating confidence in the company's future performance.
The raised price target and maintained Buy rating from a reputable analyst suggest positive sentiment and expected growth for PDD Holdings, likely leading to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100