|Over a month ago|
Qudian price target lowered to $1.42 from $3.08 at Nomura Instinet » 06:4403/1903/19/20
Nomura Instinet analyst…
Nomura Instinet analyst Shengbo Tang lowered the firm's price target on Qudian to $1.42 from $3.08 and keeps a Reduce rating on the shares. The company's business contracted across all major indicators in Q4, Tang tells investors in a post-earnings research note.
Qudian announces resignation of CFO Carl Yeung » 06:0203/1803/18/20
Qudian announced that…
Qudian announced that Carl Yeung has resigned from his position as the company's CFO due to personal reasons, effective from March 18. In addition, the company announced the promotion of Mr. Yan Gao to Vice President of Finance and Ms. Sissi Zhu to Vice President of Investor Relations.
|Over a quarter ago|
Qudian downgraded to Reduce from Neutral at Nomura Instinet » 07:1701/2201/22/20
Nomura Instinet analyst…
Nomura Instinet analyst Martin Ma downgraded Qudian to Reduce from Neutral with a price target of $3.08, down from $6.51. The analyst thinks Qudian's announcement last Thursday indicates worse than expected 2019 operating outcome. Further, any boost from the company's open-platform initiative from Q1 onwards "will fade out faster than our expectation," Ma tells investors in a research note.
Qudian downgraded to Neutral from Outperform at Credit Suisse » 05:4401/2201/22/20
Credit Suisse analyst…
Credit Suisse analyst Charles Zhou downgraded Qudian to Neutral from Outperform.
Qudian downgraded to Equal Weight at Morgan Stanley after guidance withdrawn » 14:4901/2101/21/20
As previously reported,…
As previously reported, Morgan Stanley analyst John Cai downgraded Qudian to Equal Weight from Overweight with a price target of $3.80, down from $12.00, following the company's announcement on January 16 that it was withdrawing its 2019 net profit guidance due to further restrictions on loan collection practices and more stringent user data privacy rules. He cut his earnings forecasts by over 60% each for 2020 and 2021 as he attempts to forecast both the known risk of rising delinquencies and the company's strategy of deleveraging, Cai noted.
Qudian downgraded to Equal Weight from Overweight at Morgan Stanley » 14:3201/2101/21/20
Morgan Stanley downgraded…
Morgan Stanley downgraded Qudian to Equal Weight from Overweight.
Qudian downgraded to Neutral from Outperform at CICC » 07:1101/2101/21/20
CICC analyst Victor Wang…
CICC analyst Victor Wang downgraded Qudian to Neutral from Outperform with a $4.10 price target.
Qudian rises 4.5% » 09:4701/1701/17/20
Qudian is up 4.5%, or 16c…
Qudian is up 4.5%, or 16c to $3.71.
Fly Intel: Wall Street's top stories at midday » 12:0201/1601/16/20
MS, TSLA, XPO, BA, LUV, SAVE, SIG, QD, AA
Stocks are extending…
Qudian falls -15.7% » 12:0001/1601/16/20
Qudian is down -15.7%, or…
Qudian is down -15.7%, or -69c to $3.70.