Jefferies analyst Thomas Chong raised the firm’s price target on iQiyi (IQ) to $2.50 from $2.10 and keeps a Buy rating on the shares. The company highlighted positive new regulations on its Q2 earnings call, which shorten the time from production to approval and broadcast, the analyst tells investors in a research note. The firm sees sequential growth for iQiyi’s revenue in Q3 on better industry trends.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on IQ:
- Unusually active option classes on open August 20th
- iQIYI Reports Q2 2025 Financial Results with Revenue Decline
- Options Volatility and Implied Earnings Moves Today, August 20, 2025
- Unusually active option classes on open August 18th
- Options Volatility and Implied Earnings Moves This Week, August 18 – August 22, 2025