iQIYI (IQ) May 5 straddle priced into quarter results

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Go back to iQIYI (IQ) May 5 straddle priced into quarter results

iQIYI (IQ) PT Raised to $6.10 at Jefferies

May 16, 2024 3:11 PM EDT

Jefferies analyst Thomas Chong raised the price target on iQIYI (NASDAQ: IQ) to $6.10 (from $5.30) while maintaining a Buy rating.

The analyst comments "IQ reported 1Q results with revenue inline and non-GAAP earnings beating expectations. Management highlighted key focus areas include high-quality diversified content, AIGC,... More