Read Why Barclays Sees Downside In Bilibili


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  • Barclays analyst Jiong Shao initiated coverage of Bilibili Inc (NASDAQ:BILI) with an Equal Weight rating and $32 price target. 
  • The price target implies a downside of 6.76%.
  • Related Content: Here's Why Morgan Stanley Slashed Bilibili Price Target By 53%
  • The analyst considers competition the most significant risk to the Bilibili story.
  • Bilibili is a full-spectrum online entertainment company. It operates as a video-sharing Website that covers a range of genres and media formats, including videos, live broadcasting, and mobile games.
  • Price Action: BILI shares traded higher by 7.06% at $34.59 on the last check Tuesday.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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Posted In: NewsPrice TargetInitiationAnalyst RatingsTechBriefs