Futu Holdings Limited (FUTU) PT Lowered to $75.30 at Citi
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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
