Citi lowered the firm’s price target on RLX Technology (RLX) to $2.25 from $2.50 and keeps a Neutral rating on the shares. The company’s Q1 results came broadly in line, the analyst tells investors in a research note. The firm trimmed earnings forecasts on a more conservative margin outlook amid the challenging market.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RLX:
- RLX Technology Reports Strong Q1 2025 Results
- RLX Technology’s Earnings Call: Resilience Amid Challenges
- Options Volatility and Implied Earnings Moves Today, May 16, 2025
- RLX Technology Reports Strong Q1 2025 Financial Results Amid Regulatory Challenges
- RLX Earnings Report this Week: Is It a Buy, Ahead of Earnings?