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Pinduoduo (NASDAQ:PDD) Raised to Buy at China Renaissance Securities

News Snapshot:

China Renaissance Securities upgraded shares of Pinduoduo (NASDAQ:PDD) from a hold rating to a buy rating in a research note released on Friday morning, Price Targets.com reports. The firm currently has $150.00 price target on the stock. Several other research firms have also weighed in on PDD. Daiwa Capital Markets assumed coverage on shares of Pinduoduo in a research note on Wednesday, May 5th. They set a buy rating and a $180.00 price objective on the stock. decreased their price target on shares of Pinduoduo from $190.00 to $168.00 and set a buy rating on the stock in a research…

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