Barclays Lowers Kuaishou Technology (OTCMKTS:KUASF) Price Target to $8.00

Kuaishou Technology (OTCMKTS:KUASFGet Rating) had its target price cut by stock analysts at Barclays from $10.00 to $8.00 in a research note issued on Thursday, The Fly reports. Barclays‘s price target suggests a potential downside of 6.65% from the company’s current price.

Shares of OTCMKTS:KUASF opened at $8.57 on Thursday. The company’s fifty day moving average is $8.43 and its two-hundred day moving average is $9.83. Kuaishou Technology has a 12-month low of $7.18 and a 12-month high of $26.60.

Kuaishou Technology Company Profile (Get Rating)

Kuaishou Technology, an investment holding company, provides live streaming, online marketing, and other services mainly in the People's Republic of China. It offers Kuaishou Flagship, a short video and content based social networking platform; Kuaishou Express; Kuaishou Concept; Yitian Camera, an app to create photographs, videos, and vlogs; Kmovie, a shooting, editing, and production tool; AcFun, a video sharing website; and Kuaikandian, an information content aggregator.

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