TD Cowen analyst cites macro pressures and heightened churn ...

Moomoo AI Dec 1, 2023 10:00

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.

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Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more

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