Oppenheimer Initiates a Hold Rating on Boqii Holding (BQ)


Oppenheimer analyst Bo Pei CFA initiated coverage with a Hold rating on Boqii Holding (BQ) today. The company’s shares closed last Thursday at $4.96, close to its 52-week low of $4.06.

According to TipRanks.com, CFA is a 1-star analyst with an average return of -4.1% and a 41.2% success rate. CFA covers the Technology sector, focusing on stocks such as Tencent Music Entertainment Group, BlueCity Holdings, and Yalla Group.

Currently, the analyst consensus on Boqii Holding is a Moderate Buy with an average price target of $10.00.

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Boqii Holding Ltd is engaged in the business of selling pet products through online stores. The store provides pet foods, health products, pet grooming products, pet bathing products, pet toys, fish tank, aquatic fertilizer, temperature control equipment, oxygen pump, and other related products. Also, the company sells its products through offline channels to pet stores and hospitals.

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