Form 6-K DouYu International Hold For: Nov 21
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Citi Downgrades DouYu (DOYU), 'A Weaker Player In A Structurally Slower Industry'
November 21, 2022 4:49 PM ESTCiti analyst Yiwen Zhang downgraded DouYu (NASDAQ: DOYU) from Neutral to Sell with a price target of $1.10 (from $1.55).
The analyst comments "Douyu reported 3Q22 results, with revs and non-GAAP earnings largely in line. Despite 3Q22 peak season, MPU was down 1mn to 5.6mn, given fewer... More
