PDD's Q1 results next week may be next catalyst: Morgan Stanley
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Pinduoduo Inc. (PDD) PT Lowered to $126 at Macquarie, 'we see a manageable impact given a faster HCM ramp and expansion in other regions'
May 27, 2025 2:55 PM EDTMacquarie analyst Ellie Jiang lowered the price target on Pinduoduo Inc. (NASDAQ: PDD) to $126.00 (from $153.00) while maintaining a Outperform rating.
The analyst comments "oft 1Q, but valuation already penalised enough. Revenue missed MQe/Visible Alpha (VA) by 14%/8%, with Transaction Services (TS) up only 6% YoY (-16% vs VA). We attribute the miss to weakness at Temu, which was... More
Pinduoduo Inc. (PDD) PT Lowered to $152 at Citi, 'Investment Return Cycle Mismatch Weighs on ST Profitability'
May 27, 2025 2:53 PM EDTCiti analyst Alicia Yap lowered the price target on Pinduoduo Inc. (NASDAQ: PDD) to $152.00 (from $165.00) while maintaining a Buy rating.
The analyst comments "The continued shift from full-managed to semi-managed model for Temu contributed to significant deceleration of transaction services... More
Barclays Reiterates Overweight Rating on Pinduoduo Inc. (PDD), PT $158
May 27, 2025 2:11 PM EDTBarclays analyst Jiong Shao reiterated an Overweight rating and $158.00 price target on Pinduoduo Inc. (NASDAQ: PDD).
The analyst comments "Summary: With the lack of disclosure by the company with respect to Temu, we once again relied on our own Temu model and estimates. The... More
