UPDATE: JPMorgan Upgrades Futu Holdings Limited (FUTU) to Overweight
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Go back to UPDATE: JPMorgan Upgrades Futu Holdings Limited (FUTU) to Overweight
August 31, 2022 4:05 PM EDT
(Updated - August 31, 2022 4:06 PM EDT)
CLSA analyst Ethan Wang upgraded Futu Holdings Limited (NASDAQ: FUTU) from Sell (5) to Underperform (4) with a price target of $46.00 (from $27.00).
The analyst comments "Futu reported 2Q22 net profit of HK$642mn, up 20% YoY or 12% QoQ.... More
August 31, 2022 7:28 AM EDT
Credit Suisse analyst Charles Zhou raised the price target on Futu Holdings Limited (NASDAQ: FUTU) to $56.00 (from $55.00) while maintaining a Outperform rating.... More
August 31, 2022 6:23 AM EDT
China Renaissance analyst Cindy Wang raised the price target on Futu Holdings Limited (NASDAQ: FUTU) to $56.40 (from $55.10) while maintaining a Buy rating.... More
August 31, 2022 3:12 AM EDT
Citi analyst Judy Zhang raised the price target on Futu Holdings Limited (NASDAQ: FUTU) to $64.10 (from $58.00) while maintaining a Buy rating.... More
August 30, 2022 5:58 AM EDT
Futu Holdings Limited (Nasdaq: FUTU), a leading tech-driven online brokerage and wealth management platform, today announced its unaudited financial results for the second quarter ended June 30, 2022.
Second Quarter 2022 Operational Highlights
Total number of paying clients1 increased 38.6% year-over-year to 1,387,146 as of June 30, 2022.Total number of registered clients2 increased 30.5% year-over-year to 3,021,790 as of June 30, 2022.Total number of users3 increased 20.0%...
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