UBS upgrades Jinko Holdings to Buy and cuts price target to $17
UBS upgraded Jinko Holdings to Buy from Neutral and cut its price target to $17 from $24, a 29.2% decrease, according to TradingView citing Benzinga data.
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what happened
UBS raised its rating on Jinko Holdings shares from Neutral to Buy and at the same time lowered its price target from $24 to $17. The new target is 29.2% below the previous one. The information comes from TradingView, which cites Benzinga data.
The source notes that the new target implies a 55.0% gain from the November 6 close of $10.97.
why it matters
The upgrade combined with a lower target suggests UBS still sees the stock favorably but expects less upside than before. Changes like this usually affect sentiment toward the company's own shares rather than the broader market.
tags
instruments
sources
- UBS upgrades Jinko Holdings to Buy from Neutral, lowers price target to $17 from $24 — TradingView, 6 November 2026 at 23:04 UTC
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