Fawne Jiang analyst at Benchmark Co. reiterates coverage on Iqiyi (IQ) in the Technology sector with a Buy rating. TipRanks.com has Jiang rated as a 4.9 star analyst with a 63% return on investment and a 23.5% success rate. Jiang has set a price target of $ 7.
TipRanks.com reports that Iqiyi currently has 6 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $5.77. The target pricing ranges from a high forecast of $8.00 down to a low forecast of $3.30. Iqiyi (IQ)’s last closing price was $4.91 which would put the average price target at 17.52% upside.
In addition, TradingView issued a Buy rating for IQ over the next month, Barchart.com has a Weak sell rating and Yahoo! Finance has a Bullish short-term outlook. Remember, securities are volatile, so please do your own research on IQ.
Other analysts covering IQ include:
- Ella Ji of China Renaissance Securities (US) Inc. issued a Hold rating with the price target of $ 4.5 on 1 week ago
- Alicia Yap of Citigroup issued a Buy rating with the price target of $ 5.6 on 1 week ago
- Alex Yao of J.P. Morgan issued a Buy rating with the price target of $ 8 on 3 weeks ago
- Lincoln Kong of Goldman Sachs issued a Hold rating with the price target of $ 6.2 on 1 month ago
TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>
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