- JP Morgan upgraded iQIYI Inc IQ to Overweight, seeing multiple drivers improve margins this year after Q4 earnings.
- The firm raised its price target to $8 from $5, implying a 61% upside.
- "We expect further margin improvement in the next few quarters, driven by cost savings in content cost and opex, which should prove that iQiyi can operate as a self-sustaining business model and trigger further multiple rerating for its share price."
- Price Action: IQ shares traded lower by 1.59% at $4.95 on the last check Wednesday.
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
|---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
