Pinduoduo (PDD) November 142.50 puts active as share price down 5.4%
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Pinduoduo Inc. (PDD) PT Lowered to $113 at CFRA
October 9, 2024 12:59 PM EDTCFRA analyst Jian Xiong Lim lowered the price target on Pinduoduo Inc. (NASDAQ: PDD) to $113.00 (from $130.00) while maintaining a Buy rating.
The analyst comments "We trim our target price to USD113 from USD130, 8.0x 2025 EV/EBITDA (peer median: 9.5x), factoring in our... More
