Barclays Downgrades PDD to Equal-Weight, PT $89

Barclays analyst Jiong Shao lowered their price target on PDD to $89 on May 28, downgrading the rating to Equal-Weight from Overweight.

AnaChart has tracked 25 price-target calls from Jiong on PDD. The stock’s price reached the target in 14 of 25 of those calls.

The rating count on PDD runs 9 Buy, 4 Hold right now. Price targets run from Ellie Jiang‘s $87 at Macquarie to Kenneth Fong‘s $165 at UBS. The stock’s most recent close was $85.88.

PDD price targets: Jiong Shao against the highest and lowest current targets on the stock, plotted with the price.

The $89 target is 4% above the stock’s $85.88 close.

FAQ

What is Barclays’s price target on PDD?

Barclays’s Jiong Shao has a $89 target on PDD, rated Equal-Weight, set May 28, 2026.

How often have Jiong Shao’s PDD price targets been reached?

AnaChart has tracked 25 price-target calls from Jiong Shao on PDD; the stock reached the target in 14 of them (56%).

What is the analyst view on PDD?

Coverage is split 9 Buy / 4 Hold / 0 Sell, with targets from $87 (Macquarie) to $165 (UBS).