Other equities research analysts have also issued research reports about the company. New Street Research lowered PDD from a "buy" rating to a "neutral" rating and set a $120.00 price objective on the stock. in a research report on Tuesday. China Renaissance restated a "hold" rating and issued a $107.00 price objective on shares of PDD in a research report on Wednesday, May 28th. Jefferies Financial Group set a $121.00 price objective on PDD and gave the stock a "buy" rating in a research report on Tuesday, May 27th. Macquarie restated an "outperform" rating on shares of PDD in a research report on Tuesday, May 27th. Finally, Benchmark lowered their price objective on PDD from $160.00 to $128.00 and set a "buy" rating on the stock in a research report on Wednesday, May 28th. Five investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock.