Equities researchers at Citigroup started coverage on shares of Qutoutiao (NASDAQ:QTT) in a note issued to investors on Thursday, Marketbeat Ratings reports. The brokerage set a “neutral” rating and a $8.40 price target on the stock. Citigroup’s price target indicates a potential upside of 15.54% from the company’s previous close.
QTT has been the subject of a number of other research reports. Deutsche Bank began coverage on Qutoutiao in a research report on Thursday, October 11th. They set a “hold” rating and a $8.00 price objective for the company. KeyCorp assumed coverage on Qutoutiao in a research report on Tuesday, October 9th. They set an “overweight” rating and a $11.00 price objective for the company.
Qutoutiao stock opened at $7.27 on Thursday. Qutoutiao has a 52 week low of $6.53 and a 52 week high of $20.39.
Qutoutiao Inc develops an application for news in China. Qutoutiao Inc was formerly known as Qtech Ltd. and changed its name to Qutoutiao Inc in July 2018. The company was founded in 2016 and is based in Shanghai, China.
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