Macquarie Downgrades PDD Holdings to Neutral, Lowers Price Target to $87

Benzinga Newsdesk www.benzinga.com Negative 94.1%

Neg 94.1% Neu 0% Pos 0%

Macquarie analyst Ellie Jiang downgrades PDD Holdings (NASDAQ:PDD) from Outperform to Neutral and lowers the price target from $151 to $87.