Futu Holdings Sees 7% Increase Following Positive Analyst Outlook

Reported 1 day ago

Futu Holdings Limited (NASDAQ:FUTU) experienced a 7% surge, closing at $160.57, after Barclays assigned an 'overweight' rating and set a price target of $176, highlighting the company's strong foothold in the Asian market and potential for continued growth. With a client base increase of 20-25% and assets under management surpassing $100 billion, Futu is comparable to major brokers like Robinhood and Fidelity.

Source: YAHOO

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