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Fly News Breaks for March 1, 2019
BILI
Mar 1, 2019 | 04:56 EDT
JPMorgan analyst Alex Yao downgraded Bilibili to Neutral while raising his price target for the shares to $20 from $17. The analyst says that while the company's long-term value continues to rise, near-term expectations are now too high following Bilibili's Q4 results.
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