JOYY (NASDAQ:JOYY) Hits New 1-Year High - Still a Buy?
MarketBeat
JOYY (NASDAQ:JOYY) recently reached a new 52-week high, trading at $81.0450 and giving the company a market capitalization of $3.97 billion. Analyst sentiment is positive, with a "Moderate Buy" consensus and an average price target of $83.40, and JPMorgan notably upgraded the stock to Overweight with a $98 target. The company also increased its quarterly dividend to $1.55 per share, representing a 7.6% yield, although its payout ratio is currently high at 142.72%.
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