Futu Holdings: Strong Growth Potential and Shareholder Value Amid Market Volatility
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Citi analyst Judy Zhang upgraded Futu Holdings to a Buy, setting a $201 price target, citing strong growth potential and shareholder value. Despite market volatility, Futu shows strong client asset inflow and trading volume. An $800 million buyback program and proactive regulatory management enhance its attractiveness. Barclays also maintains a Buy rating with a $236 target.
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