UBS initiates coverage on JOYY (JOYY.US) with a "Buy" rating: Target price set at $80, optimistic about fundamental growth driving revaluation.

老虎证券2026/03/11 15:48

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UBS believes that as the company completes its valuation reset in 2025 through enhanced shareholder returns, the market's focus on Joyy Inc. is expected to gradually shift from "high shareholder returns" to "fundamental growth," driving the company to usher in a new round of value revaluation.

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UBS initiates coverage on JOYY (JOYY.US) with a "Buy" rating: Target price set at $80, optimistic about fundamental growth driving revaluation.

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