Gelonghui October 31st | Daqo New Energy (DAQO.US) pre-market trading up about 3.2%, at $22.97. On the news front, Daqo New Energy announced third-quarter results, with revenue of $0.1985 billion, a 59.1% year-on-year decrease, still exceeding market expectations by $10.57 million; net loss attributable to company shareholders was $60.7 million, with a loss of $0.92 per ADS. Post-results, Jefferies Financial maintains a "buy" rating on the stock, raising the target price from $34.05 to $35.54. Daiwa Securities also raised its rating to "buy," maintaining a target price of $25. (Gelonghui)
美股异动丨大全新能源盘前涨约3.2% Q3营收超预期+获机构上调目标价
US stocks anomaly | Daqo New Energy rose by about 3.2% in pre-market trading, Q3 revenue exceeded expectations + received an upward revision in target price by institutions.
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