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KE Holdings price target lowered to $24.80 from $25.80 at Citi

Citi lowered the firm’s price target on KE Holdings (BEKE) to $24.80 from $25.80 and keeps a Buy rating on the shares following the Q1 report. The firm expects sequential margin improvement in Q2 and 2025 on improving store/agent output and better profitability for the renovation and rental business.

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