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《大行》建銀國際升拼多多(PDD.US)目標價至148美元 維持「跑贏大市」評級
阿思達克 08-27 11:21
建銀國際發表研究報告指,拼多多(PDD.US)次季盈利勝預期,主要是由於銷售和市場開支出按季下降,以及利息和投資收入增長超過一倍。然而,整體表現仍不足以顯示自投資上行周期以來的盈利趨穩跡象,公司持續對平台生態系統的再投資,將對其短期盈利能力造成壓力。 該行認為,市場對拼多多旗下的電商購物平台Temu的潛在增長估值尚未充分反映,將集團2025至27年的盈利預測上調16%、9%和12%,並將目標價由135美元上調至148美元,續予「跑贏大市」評級。
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