PDD HOLDINGS INC. (PDD)

Balfour Capital Group Researched PDD Holdings Inc.
 on December 18th, 2023.

PDD Holdings is a multinational commerce group that owns and operates a portfolio of businesses. PDD Holdings aims to bring more businesses and people into the digital economy so that local communities and small businesses can benefit from the increased productivity and new opportunities. PDD Holdings has built a network of sourcing, logistics, and fulfillment capabilities, that support its underlying businesses.

Post Recommendation Price Trend Chart The chart's commencement marks the instance of our stock recommendation.

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  • We have established a Buy recommendation at $147.50 on December 18th, 2023
  • Our designated price target stands at $190.00

Analysts Research

With steadfast dedication to thorough research, Balfour Capital Group engages with esteemed analysts and companies, evident below, to amplify and elevate our proficiency. This collaborative approach enriches our findings, granting readers and researchers a profound comprehension of the rationale behind our recommendations and research objectives.

MORGAN STANLEY

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PDD Holdings Inc.

2023 Q3 EARNING REPORT

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Balfour Capital Group wants to clarify that our recommendation to Buy PDD Holdings Inc. is based on thorough research conducted by our dedicated teams.

We invest significant time and resources in analyzing market trends, financial data, and industry insights to provide well-informed guidance.
However, it is important to note that our recommendation does not guarantee any specific financial outcomes. The decision to act on our recommendation should be made at your discretion. Please be aware that investments carry inherent risks, and the value of investments can fluctuate, potentially resulting in financial loss.

*THIS INFORMATION IS PROVIDED FOR COMMERCIAL AND INDICATIVE PURPOSES ONLY AND MAY DIFFER FROM REALITY. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. TRADING WITH LEVERAGE INVOLVES A SUBSTANTIAL RISK OF LOSS AND MAY NOT BE SUITABLE FOR ALL INVESTORS.*