Morgan Stanley Reaffirms Their Buy Rating on PDD Holdings (PDD)
Morgan Stanley analyst Eddy Wang maintained a Buy rating on PDD Holdings (PDD – Research Report) yesterday and set a price target of $130.00. The company's shares closed yesterday at $102.98.
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According to TipRanks, Wang is ranked #8846 out of 9536 analysts.
Currently, the analyst consensus on PDD Holdings is a Moderate Buy with an average price target of $141.74, a 37.64% upside from current levels. In a report released today, Citi also maintained a Buy rating on the stock with a $152.00 price target.
The company has a one-year high of $160.00 and a one-year low of $87.11. Currently, PDD Holdings has an average volume of 10M.
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