Chinese ecommerce company Pinduoduo (PDD) experienced a significant stock movement following analyst upgrades. Jefferies upgraded PDD to buy, raising the price target to $157 from $117. The stock surged by 6.3% pre-market. Temu, the parent company of PDD, saw its shares jump after the upgrade, with potential for an 80% rise. JPMorgan also expressed positivity on Duolingo stock, setting a $270 price target.
Shares of Temu owner PDD soar after analyst upgrade https://t.co/zfmHyFj8YR
Temu Owner PDD’s Stock Jumps After Analyst Upgrade. How Shares Could Rise 80%. https://t.co/0yiznEcFoV
$DUOL (+1.4% pre) JPMorgan positive on Duolingo stock, sets $270 price target https://t.co/c65GtlLBY4
$PDD (+6.3% pre) Jefferies notably raises Pinduoduo PT to $157 from $117, upgrades stock to buy https://t.co/VdESqejL9J
$PDD Jefferies upgrades PDD Holdings, says geopolitical risks priced in After tumbling more than 20% this year, Chinese ecommerce company PDD Holdings is now attractive, according to Jefferies. The firm upgraded the Temu parent to buy on Monday. “We believe that concerns on…
$PDD In complete free fall. 200dma quickly approaching around 106-107. Might be worth a shot there for a cheapy bounce. China, Temu parent co., questionable business practices (duh), but if you want a quick day/swing trade in and out, this spec play might be it. Watchlist.