JP Morgan raised the price target for the Daqo New Energy Corp. (NYSE:DQ) stock from ‘a Neutral’ to ‘an Overweight’. The rating was released on May 04, 2023, according to finviz. We previously noted in another research note published on June 31, 2021 by Daiwa Securities that downgraded the stock from a Buy to an Outperform with a price target of $76 for DQ stock. The research report from Nomura has upgraded the stock from Reduce to Neutral, with a price target set at $53. The stock was initiated by HSBC Securities, who disclosed in a research note on June 10, 2021, to Buy and set the price objective to $112.
Is Daqo New Energy Corp. (DQ) Stock a good value investment?
