Barclays Upgrades Bilibili to Overweight, Raises Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jiong Shao has upgraded Bilibili (NASDAQ:BILI) from Equal-Weight to Overweight and increased the price target from $14 to $19.
August 23, 2024 | 12:03 pm
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Barclays has upgraded Bilibili to Overweight and increased its price target to $19, indicating a positive outlook on the stock.
The upgrade from Equal-Weight to Overweight by Barclays suggests increased confidence in Bilibili's performance. The raised price target from $14 to $19 indicates expectations of stock price appreciation, likely leading to positive short-term market reactions.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100