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Fly News Breaks for November 29, 2019
Nov 29, 2019 | 06:34 EDT
After hosting an investor call with management, Nomura Instinet analyst Jialong Shi says Bilibili is about about its outlook. Management struck a positive tone about the outlook of its mobile gaming and advertising business and seemed positive on the margin trend, Shi tells investors in a research note. The analyst keeps a Buy rating on the shares with a $20 price target.