TD Cowen analyst cites macro pressures and heightened churn ...
TD Cowen analyst cites macro pressures and heightened churn rate as grounds for downgrading the stock and trimming the price target. The fiscal 2025 growth forecast is reduced to 10% from 17%, indicating potential medium-term overhang on valuations due to weakening key performance indicators.
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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