Macquarie Downgrades Pinduoduo Inc. (PDD) to Neutral

Macquarie analyst Ellie Jiang downgraded Pinduoduo Inc. (NASDAQ: PDD) from Outperform to Neutral with a price target of $126.00 (from $220.00).

For an analyst ratings summary and ratings history on Pinduoduo Inc. click here. For more ratings news on Pinduoduo Inc. click here.

Shares of Pinduoduo Inc. closed at $139.87 yesterday.

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