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Citi Reiterates Neutral Rating on Pinduoduo Inc. (PDD)

December 11, 2024 7:25 AM EST

Citi analyst Alicia Yap reiterated a Neutral rating and $125.00 price target on Pinduoduo Inc. (NASDAQ: PDD).

The analyst comments "We believe President-elect Donald Trumps proposed 25% tax on products from Mexico could weaken the appeal for Chinese suppliers and exporters to... More