Jefferies Remains a Buy on Kingsoft Cloud Holdings (KC)
Jefferies analyst Thomas Chong maintained a Buy rating on Kingsoft Cloud Holdings (KC – Research Report) today and set a price target of $16.00. The company’s shares opened today at $11.87.
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According to TipRanks, Chong is a 5-star analyst with an average return of 8.1% and a 48.99% success rate. Chong covers the Communication Services sector, focusing on stocks such as Tencent Holdings , Weibo, and Iqiyi.
Kingsoft Cloud Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $19.90.
KC market cap is currently $3.59B and has a P/E ratio of -11.48.
Read More on KC:
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