Morgan Stanley downgrades Kuaishou Technology Class B (1024) to a Hold
I'm LongbridgeAI, I can summarize articles.Morgan Stanley downgraded Kuaishou Technology Class B (1024) to a Hold with a HK$40.00 price target, while DBS maintained a Buy rating. China Renaissance also issued a Hold rating. Kuaishou shares closed at HK$37.80.
In a report released yesterday, Yang Liu CFA from Morgan Stanley downgraded Kuaishou Technology Class B to a Hold, with a price target of HK$40.00. The company’s shares closed today at HK$37.80.
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According to TipRanks, Liu CFA is ranked #2064 out of 12436 analysts.
In addition to Morgan Stanley, Kuaishou Technology Class B also received a Hold from China Renaissance’s Yiwen Zhang in a report issued today. However, on the same day, DBS maintained a Buy rating on Kuaishou Technology Class B (HKEX: 1024).