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

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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

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Bernstein Downgrades Qudian (QD) to Market Perform

August 23, 2018 9:15 AM EDT

Bernstein downgraded Qudian (NYSE: QD) from Outperform to Market Perform.

For an analyst ratings summary and ratings history on Qudian click here. For more ratings news on Qudian click here.

Shares of Qudian closed at $6.90 yesterday.

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Ant Financial to End Partnership with Qudian (QD) - Bloomberg

August 23, 2018 6:21 AM EDT

Ant Financial won't renew a strategic partnership with Qudian (NYSE: QD) when the contract expires this month, according to Bloomberg, citing people familiar with the matter. Qudian would no longer have access to potential borrowers through the consumer interface of Ant's Alipay and... More