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Goldman Sachs Maintains 'Buy' Rating for Waterdrop with Price Target of US$1.80
WDHWaterdrop(WDH) Prnewswire·2025-03-19 12:46

BEIJING, March 19, 2025 /PRNewswire/ -- Following the release of Waterdrop Inc.'s (WDH) fourth-quarter and full-year 2024 financial results, Goldman Sachs' latest research report maintains a "Buy" rating for Waterdrop and sets a 12-month price target of US1.80perADS.AccordingtoGoldmanSachsreport,Waterdropachievedahigherthanexpectednetprofitattributabletoshareholdersof368millionyuan(approx.US1.80 per ADS.According to Goldman Sachs' report, Waterdrop achieved a higher-than-expected net profit attributable to shareholders of 368 million yuan (approx. US51 million) for the full year of 2024, representing a year-on-year increase of 119.8%. In th ...