BMO Capital maintains a "buy" rating for the stock, with a target price of $3.75.
According to Zhitong Finance APP, on Tuesday, cheer holding (CHR.US) closed up 6.32%, reaching $2.99. On the news front, BMO Capital maintains a "buy" rating for the stock, with a target price of $3.75.
In addition, cheer holding announced that the board of directors approved a share buyback plan, authorizing the company to repurchase $50 million in Class A common stock over the next 36 months, and the company has sufficient cash to fund the buyback.