Dou Yu International Holdings Limited Reports Fourth Quarter and Full Year 2024 Unaudited Financial Results

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Citi Upgrades DouYu (DOYU) to Neutral

March 18, 2025 7:28 AM EDT

Citi analyst Yiwen Zhang upgraded DouYu (NASDAQ: DOYU) from Sell to Neutral with a price target of $10.50 (from $5.90).

The analyst comments "Douyu reported better-than-feared 4Q24 with revenues -12%/+7% yoy/qoq to Rmb1.14bn, 8% above ours, driven by 28% yoy decline in live-streaming offset... More