Morgan Stanley has released a technical research report stating that there is about a 70-80% chance that the stock price of Bilibili (BILI.US) will rise in the next 60 days. Giving it a target price of $15 with a rating of 'in line with the market' for US stocks.

According to Daiwa, Bilibili is expected to increase its third-quarter earnings guidance when it releases its second-quarter results in August to reflect the boost in advertising revenue from its gaming vertical business. Meanwhile, the bank estimates that Bilibili's third-quarter gaming revenue will increase by more than 700 million yuan on a quarterly basis, implying a year-on-year growth rate of over 70%, mainly driven by the new game 'Three Kingdoms: Strategy of the Kingdoms' released on June 13th.