Futu Holdings price target raised to $190 from $176 at Citi

Citi raised the firm’s price target on Futu Holdings (FUTU) to $190 from $176 and keeps a Neutral rating on the shares after the company reported “record-high” quarterly profit in Q2 that beat the firm’s forecast by 8%. For Q3, management sees new paying customer numbers remaining “decent,” the analyst noted.