Morgan Stanley Calls Pinduoduo Inc. (PDD) a 'Catalyst Driven Idea' ahead of Earning

Pinduoduo Inc. (PDD) PT Raised to $178 at Barclays

Barclays analyst Jiong Shao raised the price target on Pinduoduo Inc. (NASDAQ: PDD) to $178.00 (from $164.00) while maintaining a Overweight rating.

The analyst comments "4Q revenues and profits were way ahead of our and Street prior expectations. Despite strong growth both in China... More

Pinduoduo Inc. (PDD) PT Raised to $185 at Citi

Citi analyst Alicia Yap raised the price target on Pinduoduo Inc. (NASDAQ: PDD) to $185.00 (from $170.00) while maintaining a Buy rating.

The analyst comments "PDD concluded 2023 with another impressive 4Q with total revs/non-GAAP net profit +123%/+110% yoy to Rmb88.9bn/Rmb25.5bn, 11%/52% ahead of consensus... More

Pinduoduo Inc. (PDD) PT Raised to $161 at Jefferies

Jefferies analyst Thomas Chong raised the price target on Pinduoduo Inc. (NASDAQ: PDD) to $161.00 (from $157.00) while maintaining a Buy rating.

The analyst comments "PDD reported a beating set of 4Q results (link). During its conf. call, management highlighted its high quality strategies across... More

Morgan Stanley Still Likes Pinduoduo Inc. (PDD): 'Growth Momentum Remains Strong'

Morgan Stanley analyst Eddy Wang reiterated an Overweight rating and $181.00 price target on Pinduoduo Inc. (NASDAQ: PDD).

The analyst comments "PDD's strong 4Q23 results suggest sustainable GMV growth and take rate improvement at its domestic business, as well as strong momentum for... More

PDD's (PDD) Q4 report 'could be the next share price catalyst' - Morgan Stanley

PDD Holdings (NASDAQ: PDD) is set to unveil its fiscal Q4 2023 report on Wednesday and Morgan Stanley analysts believe the results, specifically its online marketing services (OMS) revenue growth, could be the next stock price catalyst.

We expect OMS to grow 47% YoY in 4Q23,... More

Pinduoduo (PDD) March weekly 124 straddle into quarter results

Pinduoduo (NASDAQ: PDD) March weekly 124 straddle priced for a move of 8% into the expected release of quarter results before the bell on March 20.

Pinduoduo (PDD) call put ratio 2.8 calls to 1 put into quarter results and outlook

Pinduoduo (NASDAQ: PDD) March weekly call option implied volatility is at 130, April is at 72; compared to its 52-week range of 30 to 77 into the expected release of quarter results before the bell on March 20. Call put ratio 2.8 calls to 1 put.

Pinduoduo (PDD) March weekly 123 straddle into quarter results

Pinduoduo (NASDAQ: PDD) March weekly 123 straddle priced for a move of 8% into the expected release of quarter results before the bell on March 20.

MoffettNathanson looks at Temu (PDD) problem for AMZN, ETSY, EBAY

Analysts at MoffettNathanson have observed in a Thursday note that China-based e-commerce companies are increasingly venturing into Western markets, undercutting prices on domestic e-commerce platforms.

One such example is Temu, an online marketplace operated by a Chinese e-commerce company PDD Holdings (NASDAQ: PDD), seeking to sidestep traditional distribution channels and look for growth beyond their home... More