Lufax Holding To $3.52? These Analysts Cut Price Targets On The Chinese Company Following Q3 Earnings

Lufax Holding Ltd LU posted weaker-than-expected earnings LU for its third quarter.

Lufax Holding posted Q3 earnings of $0.16 per share, missing analysts’ estimates of $0.17 per share.

Lufax shares dipped 13.7% to $1.51 in pre-market trading.

These analysts made changes to their price targets on Lufax Holding after the company released quarterly results.

• Credit Suisse cut price target on Dick's Sporting from $1.7 to $1.4. Credit Suisse analyst Frank Zheng downgraded the stock from Neutral to Underperform.
• JP Morgan slashed Dick's Sporting price target from $6.4 to $1.6. JP Morgan analyst Katherine Lei downgraded the stock from Overweight to Underweight.
• Citigroup cut the price target on the stock from $6.06 to $3.52. Citigroup analyst Judy Zhang maintained the stock with a Buy.