LexinFintech Holdings Ltd. Reports First Quarter 2024 Unaudited Financial Results

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LexinFintech Holdings (ADR) (LX) PT Lowered to $1.96 at Citi

May 24, 2024 6:46 AM EDT

Citi analyst Judy Zhang lowered the price target on LexinFintech Holdings (ADR) (NASDAQ: LX) to $1.96 (from $2.03) while maintaining a Neutral rating.

The analyst comments "LexinFintech (LX) reported weak non-GAAP NPAT in 1Q24 at RMB230mn (down -18.9% q-q / -38.6% y-y) to account... More