Stocks
JPMorgan Upgrades JOYY to 'Overweight', Sees 33% Upside Potential
JOYY (NASDAQ: JOYY) has received an upgrade from JPMorgan Chase & Co. to 'overweight' from 'neutral'. This change comes with a price target of $98, indicating a potential upside of 33.50%.
The upgrade is part of ongoing analyst research and development. Three analysts have given JOYY a 'buy' rating, while two others rate the stock as 'hold'. The consensus rating for JOYY is currently 'moderate buy' with a target price of $80.50.
Market data shows that JOYY's 12-month high was $76.68 and its low at $48.53. The company has a market cap of $3.67 billion, P/E ratio of 17.03, and beta of 0.47.