Form 6-K Futu Holdings Ltd For: Mar 14
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JPMorgan Downgrades Futu Holdings Limited (FUTU) to Neutral, 'it takes time to monetize new markets and products'
March 15, 2024 8:08 AM EDTJPMorgan analyst Katherine Lei downgraded Futu Holdings Limited (NASDAQ: FUTU) from Overweight to Neutral with a price target of $62.00 (from $64.00).
The analyst ocmments "Futus share price corrected 14% yesterday (vs Nasdaq Index -0.3%) on the back of the weak 4Q results (link). Nonetheless, we believe... More
Futu Holdings Limited (FUTU) PT Lowered to $75.30 at Citi
March 15, 2024 5:01 AM EDTCiti analyst Judy Zhang lowered the price target on Futu Holdings Limited (NASDAQ: FUTU) to $75.30 (from $76.90) while maintaining a Buy rating.
The analyst comments "Futu reported 4Q23 non-GAAP NPAT of HK$950.5bn (down -17.9% q-q/ -6.3% y-y), bringing FY23 non-GAAP NPAT to reach... More

