JP Morgan Upgrades Bilibili to Overweight, Announces $21 Price Target
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Daniel Chen has upgraded Bilibili (NASDAQ:BILI) from Neutral to Overweight and set a price target of $21.
June 18, 2024 | 9:31 pm
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JP Morgan analyst Daniel Chen has upgraded Bilibili from Neutral to Overweight and set a price target of $21.
The upgrade from Neutral to Overweight by a major financial institution like JP Morgan is likely to positively impact Bilibili's stock price in the short term. The new price target of $21 suggests confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
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