Why Futu Holdings Stock Was on Fire This Week [Yahoo! Finance]
Futu Holdings Limited - American Depositary Shares (FUTU)
NASDAQ:AMEX Investor Relations:
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Source: Yahoo! Finance
home government, helped push Futu Holdings (NASDAQ: FUTU) stock notably higher in value across the past few trading days. As of late Thursday afternoon, the Chinese online brokerage's shares were up by a very impressive 43% week to date, according to data compiled by S&P Global Market Intelligence (Almost) doubling down On Wednesday, JPMorgan Chase 's Katherine Lei nearly doubled said Futu price target . She lifted it to $160 per each of the company's U.S.-listed shares, maintaining her overweight (buy, in other words) recommendation as she did so. Lei acknowledged the share price leaps Futu already experienced during the late September/early October rally on the back of Beijing's latest package of economic stimulus measures. Regardless, she feels the stock has more room to run because "retail sentiment is improving in Hong Kong Special Administrative Region and mainland China, and we see Futu as a key beneficiary, as around 60% of its clients and over 80% of clients' assets u
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News
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- Futu Holdings Limited (NASDAQ: FUTU) was downgraded by analysts at Citigroup Inc. from a "buy" rating to a "neutral" rating. They now have a $95.00 price target on the stock, up previously from $79.00.MarketBeat
FUTU
Sec Filings
- 12/12/24 - Form 144/A
- 12/9/24 - Form 144
- 11/19/24 - Form 6-K
- FUTU's page on the SEC website