JOYY Reports Second Quarter 2024 Unaudited Financial Results

Go back to JOYY Reports Second Quarter 2024 Unaudited Financial Results

YY Inc, (YY) PT Lowered to $30 at Morgan Stanley

August 28, 2024 8:49 AM EDT

Morgan Stanley analyst Alex Poon lowered the price target on YY Inc, (NASDAQ: YY) to $30.00 (from $33.00) while maintaining a Equalweight rating.

The analyst comments "We trim our 2024-26 revenue forecasts 2-4% given the worse outlook for the livestreaming business (strict content adjustment in... More