Weekly Recap | Futu -5.96%, consensus target above spot
Weekly Review·
- Futu Holdings accumulated a decline of 5.96 % this week to close at 99.19 USD, underperforming the S & P 500 by 0.49 %.
- Eighteen institutions maintain a consensus rating of strong buy with a target price of 160.85 USD, which exceeds the current price by 62.17 %.
- The company faces short-term volatility driven by broader fintech sector sentiment and upcoming macroeconomic data ahead of its Q3 earnings report on November 20.