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PDD Holdings Trading Volume Drops 53.23% to 9.09 Billion, Slips to 63rd in Daily Rankings
Generated by AI AgentAinvest Market Brief
Tuesday, Apr 15, 2025 7:29 pm ET1min read
On April 15, 2025, PDD's trading volume reached 9.09 billion, marking a 53.23% decrease from the previous day. This placed
at the 63rd position in the daily stock market rankings. PDD's stock price closed at $95.630, reflecting a 0.75% decline from the previous day's close.Jefferies has adjusted its price target for
, reducing it from $171 to $156 due to the Q4 results. Despite this adjustment, the firm maintains a "Buy" rating for the stock.Analysts anticipate a significant re-rating and substantial upside for PDD Holdings if investor sentiment shifts positively, recognizing the company's momentum.
PDD Holdings is projected to experience accelerating growth, with a 74% increase in its price target. This optimistic outlook is driven by the company's exceptional performance and market potential.
According to 12 analysts, the average rating for PDD stock is "Buy." The 12-month stock price forecast is $155.08, indicating a potential increase of 63.62% from the current price.
JPMorgan Chase & Co. has raised its target price for PDD shares from $105.00 to $125.00, while maintaining a "neutral" rating for the stock.
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