Bank of America Raises Bilibili Shares Target Due to Improved Ad Revenue and GPM Trend

Tuesday, 28 May 2024, 07:16

Bank of America has increased its target for Bilibili shares, attributing the change to the company's improved advertising revenue and Gross Profit Margin (GPM) trend. This positive assessment signals a promising outlook for Bilibili in the financial landscape.
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Bank of America Raises Bilibili Shares Target Due to Improved Ad Revenue and GPM Trend

BofA Raises Bilibili Shares Target

Bank of America has decided to increase its target for Bilibili shares, emphasizing the positive advancements seen in the company's financial performance.

Improved Ad Revenue and GPM Trend

Bank of America credits the improvement in Bilibili's ad revenue and Gross Profit Margin (GPM) trend for the revised target.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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