Weekly Recap | iQIYI +2.81%, consensus target above spot
Weekly Review·
- iQiyi shares rose 2.81 % to close at 1.02 dollars this week, outperforming the S & P 500 index by 1.66 percentage points.
- The company reported that its National Day holiday data showed a year-on-year increase of over 12 % in daily average viewing duration.
- A total of 19 institutions cover the stock with a consensus target price of 1.34 dollars, which is approximately 31 % higher than the current price.