Jefferies: Lowers Bilibili (09626.HK) target price to HK$221, maintains "Buy" rating.

Zhito Finance APP has learned that Jefferies issued a research report stating that after evaluating the latest trends across various sub-sectors of the advertising market, it expects the industry to be affected by macroeconomic uncertainty, and has lowered the target price of Bilibili (09626.HK) from HK$258 to HK$221, while maintaining a "Buy" rating.