Futu Announces Third Quarter 2024 Unaudited Financial Results and Special Cash Dividend

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Futu Holdings Limited (FUTU) PT Raised to $109.20 at Jefferies

November 19, 2024 3:58 PM EST

Jefferies analyst Zoey Zong raised the price target on Futu Holdings Limited (NASDAQ: FUTU) to $109.20 (from $88.40) while maintaining a Buy rating.

The analyst comments "Futu reported 3Q results, with revenue above consensus and our estimates. Non-GAAP net profit was 1.2% below consensus mainly due... More

Citi Downgrades Futu Holdings Limited (FUTU) to Neutral, 'Solid 3Q24 on strong US trading', 'Taking breather after recent rally'

November 19, 2024 12:21 PM EST

Citi analyst Judy Zhang downgraded Futu Holdings Limited (NASDAQ: FUTU) from Buy to Neutral with a price target of $95.00 (from $79.00).

The analyst comments "Futu reported strong 3Q24 non-GAAP NPAT of HKD1.40bn (+7.9% q-q/+20.8% y-y), which is a record-high quarterly profit. Gross profit... More