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Stock impact report

Where is UP Fintech Holding Ltd. (TIGR) Headed According to Analysts? [Yahoo! Finance]

UP Fintech Holding Limited - American Depositary Shares representing fifteen Class A Ordinary Shares (TIGR) 
US:NASDAQ Investor Relations: tigerlogic.com/company/press/sap.jsp
Company Research Source: Yahoo! Finance
on UP Fintech Holding Ltd. (NASDAQ:TIGR) to $4.73 from $4.15 on December 5, but maintained a Sell rating on the stock. The firm told investors that while UP Fintech Holding Ltd. (NASDAQ:TIGR) reported a net profit and revenue beat in fiscal Q3, which was primarily attributed to higher-than-anticipated assets under management per paying client, it is reaffirming a cautious outlook on the stock's earnings outlook for several reasons. These include more expected rate cuts by the Fed in the future, continual slowing in client acquisition, higher volatility in the US market, and the recent downturn in the Hong Kong market. The same day, Citi also lifted the price target on UP Fintech Holding Ltd. (NASDAQ:TIGR) to $17.50 from $17.40, maintaining a Buy rating on the stock and telling investors that the company reported “strong” fiscal Q3 results. The rating updates came after UP Fintech Holding Ltd. (NASDAQ:TIGR) announced on December 4 its unaudited financial results for fiscal Q3 202 Show less Read more
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