Benchmark has lowered the target price for PDD's American Depositary Receipts from $160 to $128

Zhitong
2025.05.28 10:14

Benchmark Company LLC lowered the target price for PDD Holdings Inc.'s American Depositary Receipts from $160 to $128, maintaining a buy rating. The new target price implies a 24% upside from the latest stock price. PDD's American Depositary Receipts reported quarterly earnings and sales below expectations on May 27