Goldman Sachs downgraded Waterdrop (WDH) to Neutral from Buy with a price target of $2, up from $1.80. The firm cites valuation for the downgrade with the shares up 64% year-to-date. The rally has been driven by expectations of further margin expansion as Waterdrop’s revenue growth “has been muted since 2022,” the analyst tells investors in a research note.
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 WDH:
- Waterdrop Inc. Reports Strong Q2 2025 Financial Results
- Waterdrop, Inc. ADR Class A: Earnings Call Highlights Growth and AI Integration
- Waterdrop reports Q2 revenue up 23.9% y-o-y to RMB838.0M
- Waterdrop Inc. Reports Strong Q2 2025 Results and Announces Cash Dividend
- Waterdrop Inc. Reports Strong Q2 2025 Results with Increased Dividend