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Handelsbanken Fonder AB lowered its stake in shares of PDD Holdings Inc. (NASDAQ:PDD – Free Report) by 7.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 416,331 shares of the company’s stock after selling 35,811 shares during the quarter. Handelsbanken Fonder AB’s holdings in […]
Several brokerages have updated their recommendations and price targets on shares of PDD (NASDAQ: PDD) in the last few weeks: 3/21/2024 – PDD had its price target lowered by analysts at JPMorgan Chase & Co. from $195.00 to $190.00. They now have an “overweight” rating on the stock. 3/21/2024 – PDD had its price target […]
PDD Holdings Inc. (NASDAQ:PDD – Get Free Report) has received an average rating of “Moderate Buy” from the nine analysts that are presently covering the company, MarketBeat.com reports. One analyst has rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average twelve-month price objective among brokers […]
Temu parent PDD enforces a culture of corporate secrecy by suing some former employees.
PDD Holdings Inc. (NASDAQ:PDD – Get Free Report) fell 3.1% on Wednesday . The stock traded as low as $115.43 and last traded at $116.32. 2,781,247 shares changed hands during mid-day trading, a decline of 68% from the average session volume of 8,754,343 shares. The stock had previously closed at $120.10. Analysts Set New Price […]