What Do Analysts Think About Futu Holdings Limited (FUTU)?

Futu Holdings Limited (NASDAQ:FUTU) is one of the top high growth international stocks to buy right now. On August 28, JPMorgan raised the firm’s price target on Futu Holdings Limited (NASDAQ:FUTU) to $270 from $200, keeping an Overweight rating on the shares.

Futu (FUTU) Holdings Jumps 7% on Bullish Rating, Price Target Upgrade

Bank of America Securities’ Emma Xu also expressed bullish sentiments for the stock on August 25, giving it a Buy rating.

Similarly, Barclays raised the firm’s price target on Futu Holdings Limited (NASDAQ:FUTU) to $232 from $176 while keeping an Overweight rating on the shares.

The analyst told investors in a research note that Futu Holdings Limited (NASDAQ:FUTU) reported stronger-than-expected Q2 results attributed to underlying operating trends, including growth of assets under management and new customer additions.

Headquartered in Hong Kong, Futu Holdings Limited (NASDAQ:FUTU) provides digitalized financial services. The company’s offerings include securities brokerage and wealth management products.

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Disclosure: None. This article is originally published at Insider Monkey.