Futu Holdings Limited (NASDAQ:FUTU) Stock higher 29.52% in This Year: What’s Happened?

JP Morgan raised the price target for the Futu Holdings Limited (NASDAQ:FUTU) stock from ‘an Overweight’ to ‘a Neutral’. The rating was released on June 24, 2023, according to finviz. The research report from CLSA has downgraded the stock from Underperform to Sell, with a price target set at $27. The stock was resumed by China Renaissance, who disclosed in a research note on May 19, 2023, to Buy and set the price objective to $51.80. In their research brief published March 14, 2023, CLSA analysts downgraded the Futu Holdings Limited stock from Outperform to Underperform with a price target of $27.

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