According to TipRanks, Lu is a 5-star analyst with an average return of 20.1% and a 78.81% success rate. Lu covers the Financial sector, focusing on stocks such as HSBC Holdings, Futu Holdings, and BlackRock.
In a report released yesterday, Morgan Stanley also maintained a Buy rating on the stock with a $177.00 price target.
Based on Futu Holdings’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $5.86 billion and a net profit of $850.55 million. In comparison, last year the company earned a revenue of $4.69 billion and had a net profit of $2.15 billion
