CMB International Securities Reaffirms Buy Rating on PDD Holdings Stock

Reported 2 days ago

CMB International Securities has maintained a 'Buy' rating on PDD Holdings Inc. (NASDAQ:PDD) stock, setting a price target of $146.30, citing the company's strong financial performance despite market challenges. The firm's revenue grew 7% year-over-year, largely due to increased income from online marketing and transaction services. The results underscore PDD's resilience and strategic investments in enhancing its platform and supply chain.

Source: YAHOO

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