tiprankstipranks
Bilibili price target raised to $24 from $19 at Barclays
The Fly

Bilibili price target raised to $24 from $19 at Barclays

Barclays analyst Jiong Shao raised the firm’s price target on Bilibili (BILI) to $24 from $19 and keeps an Overweight rating on the shares. With its ad load the lowest in the industry, Bilibili has “ample room” to enhance its ad monetization off its significant library of high quality content and community of loyal Gen Z users, the analyst tells investors in a research note.

Pick the best stocks and maximize your portfolio:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App