Barclays raised the firm’s price target on Bilibili (BILI) to $25 from $24 and keeps an Overweight rating on the shares. The company’s “strong” Q4 results demonstrate that its profitability is “here to stay after two years of painstaking efforts,” the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BILI:
