Weekly Recap | Futu -7.41%, consensus target more than 40% above spot
Weekly Review·
- Futuro Holdings accumulated a 7.41 % decline this week, closing at 112.73 USD with significantly reduced trading volume.
- Key events included passing the Hong Kong Stock Exchange listing hearing, enhancing crypto-security account connections, and appointing a new chief market strategist for Moomoo Australia and New Zealand.
- Despite the weekly price drop, 18 institutions maintained a consensus strong buy rating with a target price of 160.96 USD, which exceeds the current price by over 40 %.