建银国际发布研报指，拼多多进一步投资生态系统推动长期高质量增长，维持“优于大盘”评级，目标价由125.8美元上调至145美元。拼多多在2024年第四季度的收入符合该行的预期，非GAAP净利润超出了该行和市场的预期。该行相信，随着拼多多在2025年第三季度接近高基数并稳定利润率，投资者信心可能会逐步恢复。
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