Barclays Upgrades Bilibili to Equal-Weight, Raises Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jiong Shao has upgraded Bilibili (NASDAQ:BILI) from Underweight to Equal-Weight and raised the price target from $10 to $14.
May 24, 2024 | 11:59 am
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Barclays analyst Jiong Shao has upgraded Bilibili from Underweight to Equal-Weight and increased the price target from $10 to $14.
The upgrade from Underweight to Equal-Weight and the increase in price target from $10 to $14 by Barclays is likely to positively impact Bilibili's stock price in the short term as it reflects increased confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100