Guoyuan International Research Report: First coverage gives Waterdrop Company a "buy" rating with a target price of $2.6.
Recently, Guoyuan International released a research report on Waterdrop Inc. (WDH.US). Waterdrop Inc. achieved double-digit growth in both revenue and net profit attributable to the parent in the second quarter. Guoyuan International's research report pointed out that considering the high-quality growth expectations for the company's revenue and profit by 2025, a target price of $2.6 was given to Waterdrop Inc., and an "overweight" rating was given for the first time.
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