Barclays Impressed by Recent Pinduoduo (PDD) Progress - Upgrades to OW

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Pinduoduo (PDD) Named 'Catalyst Driven Idea' at Morgan Stanley

October 28, 2022 10:14 AM EDT

Pinduoduo (NASDAQ: PDD) was named a Catalyst Driven Idea at Morgan Stanley ahead of Q3 results in November.

"We think its 3Q22 OMS revenue growth could be the next share price catalyst. We expect PDD's 3Q22 OMS revenue to achieve ~40% YoY growth,... More

Barclays Upgrades Pinduoduo Inc. (PDD) to Overweight

October 27, 2022 3:40 AM EDT

Barclays analyst Jack Meehan upgraded Pinduoduo Inc. (NASDAQ: PDD) from Equalweight to Overweight with a price target of $70.00 (from $66.00).


For an analyst ratings summary and ratings history on Pinduoduo Inc. click here. For more ratings news on Pinduoduo Inc. click here.


Shares of Pinduoduo Inc. closed at $53.09 yesterday.

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Alibaba (BABA), Other China Names Pare Recent Decline

October 26, 2022 10:37 AM EDT

Alibaba (NYSE: BABA), Other China Names Pare Recent Decline

BABA +8%Pinduoduo (NASDAQ: PDD) +11%NIO Inc. (NYSE: NIO) +2.6%JD.com (NASDAQ: JD) 7%KraneShares CSI China Internet ETF (NYSE: KWEB) +8%
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Pinduoduo Inc. (PDD) PT Lowered to $79 at Citi

October 26, 2022 5:50 AM EDT

Citi analyst Alicia Yap lowered the price target on Pinduoduo Inc. (NASDAQ: PDD) to $79.00 (from $83.00) while maintaining a Buy rating.... More