Bilibili Achieves Target Price Set by Analysts

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Bilibili Inc. (Symbol: BILI) shares recently traded at $23.40, surpassing the average analyst 12-month target price of $22.30. The stock’s movement prompts analysts to consider adjusting target prices or re-evaluating valuations as they assess the fundamental business developments driving this price increase.

Within the Zacks coverage, there are 12 analysts offering price targets for Bilibili, with estimates ranging from a low of $11.00 to a high of $45.00. The current average rating stands at 2.4, with breakdowns showing 4 strong buy ratings, 5 hold ratings, and 1 strong sell rating. The standard deviation of the targets is $9.377.

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