Form 6-K PDD Holdings Inc. For: Nov 21
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Pinduoduo Inc. (PDD) PT Lowered to $93 at CFRA
November 22, 2024 10:53 AM ESTCFRA analyst Jian Xiong Lim lowered the price target on Pinduoduo Inc. (NASDAQ: PDD) to $93.00 (from $113.00) while maintaining a Sell rating.
The analyst comments "We lower our target price to USD93 (from USD113), 6.3x 2025 EV/EBITDA (peer median: 9.5x), factoring in potential earnings... More
Pinduoduo Inc. (PDD) PT Lowered to $160 at Benchmark
November 22, 2024 6:54 AM ESTBenchmark analyst Fawne Jiang lowered the price target on Pinduoduo Inc. (NASDAQ: PDD) to $160.00 (from $185.00) while maintaining a Buy rating.
The analyst comments "DD stock saw a significant sell-off yesterday following its 3Q24 results, which were moderately below expectations. The underperformance was primarily due to slower-than-expected international growth... More
