Pinduoduo Inc. (PDD) PT Lowered to $65 at Morgan Stanley

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Pinduoduo (PDD) Named 'Catalyst Driven Idea' at Morgan Stanley

October 28, 2022 10:14 AM EDT

Pinduoduo (NASDAQ: PDD) was named a Catalyst Driven Idea at Morgan Stanley ahead of Q3 results in November.

"We think its 3Q22 OMS revenue growth could be the next share price catalyst. We expect PDD's 3Q22 OMS revenue to achieve ~40% YoY growth,... More