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QTT

Qutoutiao

$5.21

0.02 (0.39%)

06:10
11/14/18
11/14
06:10
11/14/18
06:10

Qutoutiao upgraded to Buy from Hold at Deutsche Bank

Deutsche Bank analyst Hanjoon Kim upgraded Qutoutiao to Buy while lowering his price target for the shares to $8.10 from $8.30. The analyst sees encouraging key performance indicators in the company's Q3 results.

QTT Qutoutiao
$5.21

0.02 (0.39%)

10/18/18
SBSH
10/18/18
INITIATION
Target $8.4
SBSH
Neutral
Qutoutiao initiated with a Neutral at Citi
Citi analyst Alicia Yap started Qutoutiao with a Neutral rating and $8.40 price target.
10/11/18
DBAB
10/11/18
INITIATION
Target $8.3
DBAB
Hold
Qutoutiao initiated with a Hold at Deutsche Bank
Deutsche Bank analyst Han Joon Kim started Qutoutiao with a Hold rating and $8.30 price target. The analyst recommends investors put Qutoutiao "on their radar as a stock with avante-garde approach to media content distribution in China." While Kim's "blue sky scenarios" offer "significant room for upside," he believes the current market cap captures the realistic opportunity available in the next twelve months.
10/09/18
KEYB
10/09/18
INITIATION
Target $11
KEYB
Overweight
Qutoutiao initiated with an Overweight at KeyBanc
KeyBanc analyst Hans Chung started Qutoutiao with an Overweight rating and $11 price target. The analyst cited hyper-growth in user scale and revenue, which he views as sustainable, well-executed content offerings and user reward systems that help differentiate competition in the market, large and under-penetrated market opportunities in low-tier cities in China, and potential margin upside through a scale-back of engagement cost.

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