Form 6-K iQIYI, Inc. For: Aug 30

Go back to Form 6-K iQIYI, Inc. For: Aug 30

UBS Upgrades iQIYI (IQ) to Buy Following Earnings Beat

September 1, 2022 9:02 AM EDT

UBS analyst Zhijing Liu upgraded iQIYI (NASDAQ: IQ) from Neutral to Buy with a price target of $4.80.

The analyst comments "IQ reported a strong bottom line beat in 2Q driven by better than expected COGS savings, while revenue was inline. Ad market... More