Stocks
DAQO New Energy Target Price Slashed by JPMorgan Chase & Co.
DAQO New Energy (NYSE:DQ) has had its target price reduced to $22.00 by analysts at JPMorgan Chase & Co., a cut of $13.50 from their previous estimate of $35.50.
The firm currently has an 'overweight' rating on the company's stock, suggesting that it may see significant growth in the future.
DAQO New Energy has been the subject of various reports and predictions from analysts at different firms, with some having a more optimistic outlook than others.