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<Research>M Stanley Raises Bilibili's TP to USD25; 4Q Guidance Misses
Recommend 3 Positive 2 Negative 2 |
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While BILIBILI-W (09626.HK) (BILI.US)'s 3Q25 earnings beat expectations, advertising business showed slight improvement, and "Escape From Duckov" delivered strong performance, its management didn't raise 4Q25 guidance due to the seasonality of the game "San Guo: Mou Ding Tian Xia", Morgan Stanley wrote in its report. The early look for 2026 points to the broker's below-consensus forecast. Morgan Stanley has lifted its target price for BILIBILI-W's US shares from USD23 to USD25 and kept the Equalweight rating unchanged, given that the current valuation is deemed reasonable. AAStocks Financial News |
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