36Kr Holdings Inc (KRKR) Receives a Buy from Needham


In a report released today, Vincent Yu from Needham assigned a Buy rating to 36Kr Holdings Inc (KRKR), with a price target of $6.00. The company’s shares closed last Thursday at $3.19, close to its 52-week low of $2.29.

According to TipRanks.com, Yu is a 5-star analyst with an average return of 36.2% and a 51.9% success rate. Yu covers the Technology sector, focusing on stocks such as Tencent Music Entertainment Group, China Online Education Group, and So-Young International.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for 36Kr Holdings Inc with a $6.00 average price target.

See today’s analyst top recommended stocks >>

The company has a one-year high of $8.50 and a one-year low of $2.29. Currently, 36Kr Holdings Inc has an average volume of 573.6K.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

36Kr Holdings, Inc. operates as an online media publisher offering new economy focused content. The firm offers business services, including online advertising services, enterprise value-added services and subscription services. The company was founded by Chengcheng Liu on December 3, 2018 is headquartered in Beijing, China.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts