Bernstein Downgrades Qudian (QD) to Market Perform

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Macquarie Downgrades Qudian (QD) to Neutral

August 27, 2018 4:46 AM EDT

Macquarie analyst Dexter Hu downgraded Qudian (NYSE: QD) from Outperform to Neutral with a price target of $6.00 (from $20.00).

The analyst steps aside as visibility into the outlook worsens due to Ant Financial's partnership dissolving

For an analyst ratings summary and ratings... More

Qudian (QD) Tops Q2 EPS by 8c, Confirms End of Agreement with Ant Financial

August 24, 2018 7:45 AM EDT

Qudian (NYSE: QD) reported Q2 EPS of $0.34, $0.08 better than the analyst estimate of $0.26. Revenue for the quarter came in at $339.1 million, may not compare to the consensus estimate of $433.75 million.

Outlook:

For the full year of 2018, the Company... More