Lincoln Kong analyst at Goldman Sachs reiterates coverage on Iqiyi (IQ) in the Technology sector with a Hold rating. TipRanks.com has Kong rated as a 1.3 star analyst with a 31% return on investment and a -5.3% success rate. Kong has set a price target of $ 6.2.
TipRanks.com reports that Iqiyi currently has 3 analysts offering 12-month price targets and the consensus is a Moderate Sell rating with an average price target is $3.83. The target pricing ranges from a high forecast of $6.20 down to a low forecast of $2.00. Iqiyi (IQ)’s last closing price was $$3.01 which would put the average price target at 27.24% upside.
In addition, TradingView issued a Sell rating for IQ over the next month, Barchart.com has a Strong sell rating and Yahoo! Finance has a Bearish short-term outlook. Remember, securities are volatile, so please do your own research on IQ.
Other analysts covering IQ include:
- Gary Yu of Morgan Stanley issued a Sell rating with the price target of $ 3.3 on 1 month ago
- Alex Yao of J.P. Morgan issued a Sell rating with the price target of $ 2 on 1 month ago
- Elinor Leung of CLSA issued a Buy rating with the price target of $ 4.8 on 3 months ago
- Charlene Liu of HSBC issued a Hold rating with the price target of $ 4.8 on 3 months ago
TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>
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