iQIYI (IQ) option implied volatility elevated
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CLSA Upgrades iQIYI (IQ) to Outperform (2)
May 18, 2021 4:05 PM EDTCLSA analyst Elinor Leung upgraded iQIYI (NASDAQ: IQ) from Underperform (4) to Outperform (2) with a price target of $16.00 (from $25.50).
THe analyst comments "iQIYIs 1Q21 results beat estimates but its 2Q guidance was weak. Total revenue grew 4.2% YoY to Rmb8bn, 2.3% above our... More
