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Benzinga
Benzinga
Business
Anusuya Lahiri

Read Why Barclays Sees Downside In Bilibili

  • Barclays analyst Jiong Shao initiated coverage of Bilibili Inc (NASDAQ:BILI) with an Equal Weight rating and $32 price target. 
  • The price target implies a downside of 6.76%.
  • Related Content: Here's Why Morgan Stanley Slashed Bilibili Price Target By 53%
  • The analyst considers competition the most significant risk to the Bilibili story.
  • Bilibili is a full-spectrum online entertainment company. It operates as a video-sharing Website that covers a range of genres and media formats, including videos, live broadcasting, and mobile games.
  • Price Action: BILI shares traded higher by 7.06% at $34.59 on the last check Tuesday.
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