Freedom Finance Raises PT on PDD Holdings (PDD) to $170, Reiterates ‘Buy’ Rating

Group 1 - PDD Holdings Inc. is recognized as one of the most undervalued blue chip stocks currently available for investment [1] - Freedom Finance raised its price target for PDD Holdings from $140 to $170 while maintaining a 'Buy' rating, highlighting the company's operational resilience amid challenging U.S. trade dynamics [2] - The company's growth outlook is contingent on its execution in both China and U.S. markets, with expectations for contributions from new international markets to gradually increase [2] Group 2 - Recent governance changes at PDD include the appointment of co-CEO Jiazhen Zhao as co-chairman, reflecting a focus on execution and organizational depth during a period of heightened price competition in the Chinese e-commerce sector [3] - The company is navigating challenges such as U.S. tariffs and the removal of the de minimis duty-free threshold for China-origin shipments, which are impacting its margins [2][3] - Despite the potential of PDD as an investment, there are suggestions that certain AI stocks may offer greater upside potential with less downside risk [4]