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:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BILI: