PDD Holdings (PDD) price target raised to $165 by Barclays

Barclays has raised PDD Holdings’ price target to $165 from $158, maintaining an “Overweight” grade. The action is based on the stock’s performance, with a previous grade of “Overweight.” PDD’s current price is $128.02. The new price target reflects positive outlook for the company’s growth potential.

Investors can “hold” PDD Holdings stock as Barclays’ price target is raised to $165 from $158. The grading company maintains an “Overweight” grade for PDD. The stock’s current price is $128.02.