Dada Nexus Limited (DADA) Tops Q2 EPS by 9c

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Jefferies Reiterates Buy Rating on Dada Nexus Ltd. (DADA)

August 21, 2024 7:10 AM EDT

Jefferies analyst Thomas Chong reiterated a Buy rating and $2.20 price target on Dada Nexus Ltd. (NASDAQ: DADA)

The analyst comments "DADA reported 2Q results with total revenue and non-GAAP earnings coming in ahead of consensus. During the conf call, mgmt highlighted... More

Citi Upgrades Dada Nexus Ltd. (DADA) to Neutral

August 21, 2024 5:55 AM EDT

Citi analyst Alicia Yap upgraded Dada Nexus Ltd. (NASDAQ: DADA) from Buy to Neutral with a price target of $1.50 (from $1.00).

The analyst comments "Dada printed a better-than-expected 2Q24 with total revs -10% yoy, 4.7%/3% better than our/consensus estimates contributed by 47% yoy growth in Dada... More