Form 6-K Pinduoduo Inc. For: Nov 28

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Go back to Form 6-K Pinduoduo Inc. For: Nov 28

Pinduoduo Inc. (PDD) PT Raised to $107 at Goldman Sachs

November 28, 2022 5:21 PM EST

Goldman Sachs analyst Ronald Keung raised the price target on Pinduoduo Inc. (NASDAQ: PDD) to $107.00 (from $95.00) while maintaining a Buy rating following earnings.

The analyst commented, "Factoring in strong 3Q results, we lift our revenue estimates by +8% to +12% and adj. operating profit... More