iQIYI (IQ) call put ratio 2.8 calls to 1 put into quarter results

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iQIYI (IQ) PT Lowered to $3.50 at US Tiger Securities

August 22, 2024 1:10 PM EDT

US Tiger Securities analyst Bo Pei lowered the price target on iQIYI (NASDAQ: IQ) to $3.50 (from $4.00) while maintaining a Hold rating.

The analyst comments "We are maintaining our HOLD rating but decreasing our PT to $3.5 (was $4) after IQ's reported largely in-line 2Q revenue (note that consensus was... More