Qudian Inc. Announces Pricing of Initial Public Offering

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Bernstein Starts Qudian (QD) at Outperform

October 19, 2017 8:05 AM EDT

Bernstein initiates coverage on recent IPO Qudian (NYSE: QD) with an Outperform rating and a price target of $44.00.

Analyst Linda Sun-Mattison said their bullishness is driven not by the Fintech hype, but rather by strong, genuine credit demand, QD's scale, and... More