JOYY (YY) Receives a Hold from Benchmark Co. - TipRanks.com
Briefly

Benchmark Co. analyst Fawne Jiang maintained a Hold rating on JOYY, citing the company's recent stock performance and a forecasted price target of $40, indicating muted growth potential.
With a market cap of $1.98B and a P/E ratio of 8.69, JOYY’s valuation reflects investor concerns, especially in light of negative insider sentiment over the past quarter.
TipRanks reports an overall Moderate Buy consensus in the market for JOYY, highlighting a divergence between analyst outlook and insider activities, as insiders have been selling shares.
JOYY operates a diverse digital ecosystem that includes live streaming, online gaming, online education, and various interactive services, allowing for real-time communication and engagement among users.
Read at TipRanks Financial
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