Citi added a “upside 90-day catalyst watch” on shares of Joyy (JOYY) while keeping a Buy rating on the name with a $59 price target The firm believes the company’s live streaming business has bottomed while advertising could bring a new driver of growth. Citi views the stock as undervalued at current share levels.
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 JOYY: