JPMorgan Downgrades Qfin to 'Underweight' with 21.94% Potential Loss
JPMorgan Chase & Co. has downgraded Qfin's stock rating from 'neutral' to 'underweight', indicating a potential downside of 21.94% from its previous close.
The price target on Qfin is $9.00, which is lower than the current market capitalization of $1.40 billion.
Qfin has been a subject of various research reports, with some analysts remaining optimistic about its growth prospects.