Pinduoduo (NASDAQ:PDD) reported quarterly sales of $4.99 billion which beat the analyst consensus estimate of $4.31 billion by 15.80 percent. This is a 49.54 percent increase over sales of $3.34 billion the same period last year.
Morgan Stanley Maintains Equal-Weight on PG&E, Raises Price Target to $13
Morgan Stanley analyst Stephen Byrd maintains PG&E (NYSE:PCG) with a Equal-Weight and raises the price target from $11.5 to $13.