PDD Holdings Inc. (NASDAQ:PDD) is one of the 12 Best Revenue Growth Stocks to Buy According to Wall Street Analysts. On April 17, Morgan Stanley reiterated its Overweight rating on PDD Holdings Inc. (NASDAQ:PDD) with a price target of $148 on the stock.
Analyst Eddy Wang named PDD Holdings Inc. (NASDAQ:PDD) as a Research Tactical Idea. Morgan Stanley’s analyst pointed out that China’s State Administration for Market Regulation imposed penalties on seven e-commerce platforms in connection with “Ghost Takeaway” cases, including PDD Holdings Inc. (NASDAQ:PDD) and others.
The analyst also noted that investors had been waiting for the outcome of the regulatory review since the end of 2025. Morgan Stanley believes the market could see the penalties as the removal of a regulatory concern, which may provide a near-term boost to the stock price.
On the same day, Arete upgraded PDD Holdings Inc. (NASDAQ:PDD) from Neutral to Buy and increased its price target from $118 to $121. The research firm pointed to an improving earnings expectations. Arete also said it believes that the company can continue growing its market share in both China and overseas markets over the long term.
PDD Holdings Inc. (NASDAQ:PDD), formerly Pinduoduo Inc., is a multinational commerce group best known for its e-commerce platforms, Pinduoduo and Temu.
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