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According to a research report released by Citigroup, Bilibili-W's total revenue for the third quarter is expected to increase 7.1% year-on-year to 8.23 billion yuan, slightly lower than the 8.3 billion yuan market consensus forecast, and the performance is in line with expectations. The bank maintained the Bilibili-W “buy” rating and lowered the target price of US stocks from $27 to $26.5.
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According to a research report released by Citigroup, Bilibili-W's total revenue for the third quarter is expected to increase 7.1% year-on-year to 8.23 billion yuan, slightly lower than the 8.3 billion yuan market consensus forecast, and the performance is in line with expectations. The bank maintained the Bilibili-W “buy” rating and lowered the target price of US stocks from $27 to $26.5.
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