InvestorsHub Logo
Followers 1115
Posts 119129
Boards Moderated 3
Alias Born 03/27/2007

Re: None

Friday, 05/24/2024 5:42:45 AM

Friday, May 24, 2024 5:42:45 AM

Post# of 365657
PDD Holdings price target raised to $224 from $178 at Barclays
Barclays raised the firm's price target on PDD Holdings to $224 from $178 and keeps an Overweight rating on the shares. The company's' Q1 results came in "far ahead" of estimates, especially around margins and profits, the analyst tells investors in a research note. The firm estimates that Temu was close to break-even in Q1, almost two years ahead of the firm's prior timeline.

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.