Bilibili (NASDAQ:BILI) Lifted to Buy at Nomura

Market Beat
2024.08.22 14:18
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Nomura upgraded Bilibili's rating from "neutral" to "buy," setting a price target reflecting a potential upside of 28.66%. Other analysts also upgraded Bilibili recently. It currently has an average rating of "Moderate Buy" and a target price of $51. The stock recently traded down 0.2%, with significant trading volume, and reported a negative net margin of 21.41%. Institutional ownership stands at 16.08%. Bilibili offers diverse digital content services targeting the young generation in China.