[Jinshi Summary: Pinduoduo's performance outlook scared the market, only Goldman Sachs firmly optimistic]
1. Goldman Sachs Group: Maintains Pinduoduo's target price at US$184, remains firmly optimistic about Pinduoduo, and maintains a "buy" rating.
2. JPMorgan Chase: Lowered Pinduoduo's target price from US$220 to US$180.
3. Bank of America Securities: Lowered Pinduoduo's target price from US$206 to US$170 and maintained a "buy" rating.
4. Morgan Stanley: Lowered Pinduoduo's target price from US$220 to US$150.
5. Macquarie Group: Lowered Pinduoduo's target price from US$220 to US$126, and downgraded its rating from "outperform" to "neutral".
6. Citigroup: Lowered Pinduoduo's target price from US$194 to US$120, and downgraded the rating from "buy" to "neutral".
(Pinduoduo's second quarter financial report was lower than expected, management said high growth was unsustainable, and its US stock price fell 28% overnight) (Reposted from: Jinshi Data)