Nomura Upgrades Bilibili to Buy, Announces $18 Price Target
Portfolio Pulse from Benzinga Newsdesk
Nomura analyst Jialong Shi has upgraded Bilibili (NASDAQ:BILI) from Neutral to Buy, setting a price target of $18.
August 22, 2024 | 1:38 pm
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POSITIVE IMPACT
Nomura has upgraded Bilibili from Neutral to Buy, with a new price target of $18, indicating a positive outlook for the stock.
The upgrade from Neutral to Buy by a reputable analyst at Nomura suggests increased confidence in Bilibili's future performance. The $18 price target indicates potential upside, likely leading to positive investor sentiment and a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100