PDD (PDD) – Investment Analysts’ Weekly Ratings Changes

Several brokerages have updated their recommendations and price targets on shares of PDD (NASDAQ: PDD) in the last few weeks:

• 5/28/2026 – PDD had its “buy” rating reaffirmed by The Goldman Sachs Group, Inc..
• 5/28/2026 – PDD was downgraded by Nomura from “strong-buy” to “hold”.
• 5/28/2026 – PDD was downgraded by Barclays PLC from “overweight” to “equal weight”. They now have a $89.00 price target on the stock, down from $165.00.
• 5/28/2026 – PDD had its price target lowered by Benchmark Co. from $160.00 to $127.00. They now have a “buy” rating on the stock.
• 5/27/2026 – PDD had its price target lowered by Sanford C. Bernstein from $132.00 to $110.00. They now have a “market perform” rating on the stock.
• 5/27/2026 – PDD had its price target lowered by Citigroup Inc. from $142.00 to $123.00. They now have a “buy” rating on the stock.
• 5/27/2026 – PDD was given a new $129.00 price target by Morgan Stanley.
• 5/27/2026 – PDD had its “overweight” rating reaffirmed by Morgan Stanley.
• 5/27/2026 – PDD had its “buy” rating reaffirmed by Jefferies Financial Group Inc..
• 4/17/2026 – PDD was upgraded by Arete Research from “neutral” to “buy”. They now have a $121.00 price target on the stock.

PDD (NASDAQ: PDD) is the holding company best known for operating Pinduoduo, a China-based, mobile-first e-commerce platform that emphasizes interactive, social shopping and group-buying mechanics to drive user engagement and low prices. Founded in 2015 by entrepreneur Colin Huang, the business has grown by connecting consumers directly with merchants and manufacturers, with particular emphasis on value-oriented goods and fresh agricultural produce. The company is based in Shanghai and completed a U.S.