Nomura Sticks to Its Buy Rating for Kuaishou Technology Class B (1024)
Nomura analyst Jialong Shi maintains a Buy rating for Kuaishou Technology Class B with a price target of HK$77.00, while the stock closed at HK$63.50. Shi, a 4-star analyst, has a 10.3% average return. The consensus rating is Strong Buy with a HK$89.32 average price target. DBS also maintains a Buy rating with a HK$99.00 target.
In a report released on November 19, Jialong Shi from Nomura maintained a Buy rating on Kuaishou Technology Class B, with a price target of HK$77.00. The company’s shares closed yesterday at HK$63.50.
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According to TipRanks, Shi is a 4-star analyst with an average return of 10.3% and a 50.62% success rate. Shi covers the Communication Services sector, focusing on stocks such as Kuaishou Technology Class B, Baidu, and Tencent Holdings .
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Kuaishou Technology Class B with a HK$89.32 average price target, which is a 40.66% upside from current levels. In a report released on November 20, DBS also maintained a Buy rating on the stock with a HK$99.00 price target.
