Form SC 13G/A iQIYI, Inc. Filed by: ANGLEPOINT ASSET MANAGEMENT, LTD.

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Go back to Form SC 13G/A iQIYI, Inc. Filed by: ANGLEPOINT ASSET MANAGEMENT, LTD.

CLSA Reiterates Underperform (4) Rating on iQIYI (IQ), Notes Weak Q1 2021 Guidance

February 18, 2021 9:40 AM EST

CLSA analyst Elinor Leung reiterated an Underperform (4) rating and $25.50 price target on iQIYI (NASDAQ: IQ)

The analyst comments "iQiYi 4Q20 results were in-line but weak. Total revenue fell 0.5% YoY to Rmb7.5bn as paying users declined 4% YoY to 101m given a lack of quality... More