Futu Holdings Limited (NASDAQ:FUTU) is one of the top high growth international stocks to buy right now. On August 28, JPMorgan raised the firm’s price target on Futu Holdings Limited (NASDAQ:FUTU) to $270 from $200, keeping an Overweight rating on the shares.
Bank of America Securities’ Emma Xu also expressed bullish sentiments for the stock on August 25, giving it a Buy rating.
Similarly, Barclays raised the firm’s price target on Futu Holdings Limited (NASDAQ:FUTU) to $232 from $176 while keeping an Overweight rating on the shares.
The analyst told investors in a research note that Futu Holdings Limited (NASDAQ:FUTU) reported stronger-than-expected Q2 results attributed to underlying operating trends, including growth of assets under management and new customer additions.
Headquartered in Hong Kong, Futu Holdings Limited (NASDAQ:FUTU) provides digitalized financial services. The company’s offerings include securities brokerage and wealth management products.
While we acknowledge the potential of FUTU as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
