Bilibili (BILI) Sees 7.35% Surge Following Positive Analyst Outlook

Reported 2 days ago

Bilibili Inc. (NASDAQ:BILI) shares rose by 7.35% to $23.96 after HSBC upgraded its rating to 'buy' and raised its price target to $25.5, reflecting optimism about the company's gaming division restructuring and AI integration in advertising. Bernstein also maintained a bullish outlook, offering an 'outperform' rating with a target of $28, highlighting Bilibili's growth potential in user-generated content.

Source: YAHOO

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