UPDATE: JPMorgan Upgrades Futu Holdings Limited (FUTU) to Overweight
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UPDATE: CLSA Upgrades Futu Holdings Limited (FUTU) to Underperform (4)
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
Futu Holdings Limited (FUTU) PT Raised to $56 at Credit Suisse
August 31, 2022 7:28 AM EDTCredit 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
Futu Holdings Limited (FUTU) PT Raised to $56.40 at China Renaissance
August 31, 2022 6:23 AM EDTChina 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
Futu Holdings Limited (FUTU) PT Raised to $64.10 at Citi
August 31, 2022 3:12 AM EDTCiti 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
Futu Holdings Limited (FUTU) Reports Q2 Revenue of $222.6M, Net Income of $87.7M
August 30, 2022 5:58 AM EDTFutu 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%... More