Nomura Instinet analyst Jialong Shi raised Bilibili's price target to $20 from $18 citing the company's "solid" Q3 results. The analyst keeps a Buy rating on the shares.
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Bullish option flow detected in Bilibili with 6,597 calls trading, 1.4x expected, and implied vol increasing almost 2 points to 66.72%. 4/26 weekly 12 calls and Jan-25 17.5 calls are the most active options, with total volume in those strikes near 1,600 contracts. The Put/Call Ratio is 0.35. Earnings are expected on June 6th.