Citigroup initiated coverage on shares of Qutoutiao (NASDAQ:QTT) in a report published on Thursday, MarketBeat reports. The firm issued a neutral rating and a $8.40 price target on the stock.
A number of other analysts also recently issued reports on QTT. Deutsche Bank began coverage on shares of Qutoutiao in a report on Thursday, October 11th. They issued a hold rating and a $8.00 price target on the stock. KeyCorp began coverage on shares of Qutoutiao in a report on Tuesday, October 9th. They issued an overweight rating and a $11.00 price target on the stock.
NASDAQ QTT traded down $0.56 on Thursday, reaching $7.24. The company had a trading volume of 2,188 shares, compared to its average volume of 1,689,680. Qutoutiao has a 12 month low of $6.53 and a 12 month high of $20.39.
Qutoutiao Inc develops an application for news in China. Qutoutiao Inc was formerly known as Qtech Ltd. and changed its name to Qutoutiao Inc in July 2018. The company was founded in 2016 and is based in Shanghai, China.
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