Form 6-K iQIYI, Inc. For: Aug 23
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/15/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- SanDisk upgraded at JPMorgan after investor day; shares climb
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
CFRA Downgrades iQIYI (IQ) to Hold, 'weak topline will drag margin lower in 2024 before improving in 2025'
August 26, 2024 11:42 AM EDTCFRA analyst Siti Salikin downgraded iQIYI (NASDAQ: IQ) from Buy to Hold with a price target of $2.50 (from $6.50).
The analyst comments "We cut 2024/2025 EPADS forecasts to CNY1.60/CNY2.70 (CNY2.71/CNY3.34) and target price to USD2.50 (from USD6.50), an implied 2024 P/E of 11.2x (3-year: 23.7x),... More
iQIYI (IQ) PT Lowered to $2.50 at JPMorgan
August 26, 2024 5:15 AM EDTJPMorgan analyst Daniel Chen lowered the price target on iQIYI (NASDAQ: IQ) to $2.50 (from $3.00) while maintaining a Neutral rating.
The analyst comments "Looking for signs of recovery to drive better growth ahead. OKTA remains well positioned in IAM markets with emerging exposure to IGA and PAM but we still need to see better... More
