Kuaishou Technology (OTCMKTS:KUASF) had its target price upped by Jefferies Financial Group from $94.75 to $140.00 in a research report sent to investors on Tuesday morning, The Fly reports. They currently have a buy rating on the stock.
Other equities analysts have also recently issued reports about the stock. Morgan Stanley upgraded shares of Kuaishou Technology from an underweight rating to an equal weight rating in a research note on Tuesday. Sanford C. Bernstein raised shares of Kuaishou Technology from a market perform rating to an outperform rating in a report on Tuesday.
The company has a 50-day moving average price of $11.67 and a two-hundred day moving average price of $17.89. Kuaishou Technology has a 12 month low of $8.80 and a 12 month high of $54.00.
Kuaishou Technology, an investment holding company, provides live streaming, online marketing, and other services. It offers Kuaishou Flagship, a short video and content based social networking platform; Kuaishou Express; Kuaishou Concept; Yitian Camera, an app to create photographs, videos, and vlogs; Kmovie, a shooting, editing, and production tool; AcFun, a video sharing website; and Kuaikandian, an information content aggregator.
Further Reading: Understanding debt-to-equity ratio in fundamental analysis
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