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DJ EQS-News: China Renaissance Issued Updated report on iClick (NASDAQ: ICLK) Reiterated Buy and Raised Target Price from USUSD12.89 to USUSD17.80
EQS-News / 27/01/2021 / 19:19 UTC+8
China Renaissance Issued Updated report on iClick (NASDAQ: ICLK)
Reiterated Buy and Raised Target Price from USUSD12.89 to USUSD17.80
China Renaissance issued an updated report on iClick Interactive Asia Group Limited (NASDAQ: ICLK) on 27 January 2021,
reiterating its Buy rating with a target price of USUSD17.80, which represents an upside of 28% from the closing price of
USUSD13.96 as at 25 January 2021.
China Renaissance believes the strategic partnership in product development and customer acquisition between Baozun (
NASDAQ: BZUN) is positive for iClick in three ways.