Futu Announces First Quarter 2024 Unaudited Financial Results
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Futu Holdings Limited (FUTU) PT Raised to $70 at Morgan Stanley
May 29, 2024 6:15 AM EDTMorgan Stanley analyst Chiyao Huang raised the price target on Futu Holdings Limited (NASDAQ: FUTU) to $70.00 (from $50.00) while maintaining a Equalweight rating.
The analyst comments "Strong client acquisition momentum in 1Q24; full-year guidance raised: Around one-third of the stronger-than-expected 177k new... More
Futu Holdings Limited (FUTU) PT Raised to $85.80 at BofA Securities
May 29, 2024 5:10 AM EDTBofA Securities analyst Emma Xu raised the price target on Futu Holdings Limited (NASDAQ: FUTU) to $85.80 (from $81.00) while maintaining a Buy rating.
The analyst comments "Futus 1Q24 GAAP net profit rose 18.5% QoQ (fell 12.9% YoY) to HKD1,038mn, beating BofAe by 3%, on... More
Citi Comments on Futu Holdings Limited (FUTU) Q1 2024 Earnings, Increases PT
May 28, 2024 1:57 PM EDTCiti analyst Judy Zhang raised the price target on Futu Holdings Limited (NASDAQ: FUTU) to $100.00 (from $75.30) while maintaining a Buy rating.
The analyst comments "Futu reported decent 1Q24 non-GAAP NPAT of HKD1.12bn (+18% q-q/-12% y-y), to account for 23% of FY24 Bloomberg estimate. Gross... More
JPMorgan Reiterates Overweight Rating on Futu Holdings Limited (FUTU)
May 28, 2024 6:11 AM EDTJPMorgan analyst Katherine Lei reiterated an Overweight rating and $92.00 price target on Futu Holdings Limited (NASDAQ: FUTU).
The analyst comments "1Q24 results mixed. On the positive side, new clients growth beat JPMe and likely investor expectation. A key negative was that net profit... More
