Citi raised the firm’s price target on Bilibili (BILI) to $27 from $25 and keeps a Neutral rating on the shares. The firm views the company’s Q3 report as “decent” and sees its gaming revenue slightly recovering in Q4. It cites the stock’s “demanding” valuation for the Neutral rating.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BILI: