iQIYI (IQ) 30-day option implied volatility at 130
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JPMorgan dOUBLE Downgrades iQIYI (iq) to Underweight
March 14, 2022 9:22 AM EDTJPMorgan analyst Alex Yao downgraded iQIYI (NASDAQ: iq) from Overweight to Underweight with a price target of $2.00 (from $8.00).
The analyst comments "As risk management becomes the most important consideration among global investors in relation to their China investment strategy, the sector-wide sell-off in China internet might continue without valuation support in the near term,... More
