Form 6-K PDD Holdings Inc. For: May 27
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Pinduoduo Inc. (PDD) PT Lowered to $125 at Bernstein SocGen Group
May 28, 2025 6:29 AM EDTBernstein SocGen Group analyst Robin Zhu lowered the price target on Pinduoduo Inc. (NASDAQ: PDD) to $125.00 (from $160.00) while maintaining a Outperform rating.
The analyst comments "These dont get easier to stomach, but the surprise factor is gone. PDDs Q1 results showed revenue and profits missing our estimates and consensus modelling the latter heavily... More
