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Qudian (NYSE:QD) stock price target upped to $36.00, released a report earlier today by Macquarie

Having a price of $24.90, Qudian (NYSE:QD) traded 6.79% higher on the day. With the last close down 6.79% from the two hundred day average, compared with the S&P 500 Index which has increased 0.02% over the same period. Qudian has recorded a 50-day average of $29.18 and a two hundred day average of $29.18. Volume of trade was down over the average, with 4,975,701 shares of QD changing hands under the typical 33,466,900

Stating a potential upside of 0.45%, Macquarie upped the price target of Qudian (NYSE:QD) to $36.00

Performance Chart

Qudian (NYSE:QD)

With a total market value of $0, Qudian has with a one year low of $28.49 and a one year high of $35.45 .

General Company Details For Qudian (NYSE:QD)

Qudian Inc. provides cash credit products, which provide funds in digital form, and merchandise credit products. The Company operates through an online platform and all the transaction are facilitated through mobile devices. Borrowers can apply for credit on their mobile phones and receive approval within a few seconds. Approved borrowers are then able to draw down on their cash credit with cash disbursed immediately into their Alipay accounts in digital form. It also offers merchandise credit products to finance borrowers' direct purchase of merchandise offered on its marketplace on installment basis. Its marketplace connects consumers with merchandise suppliers. It offers 14 categories of merchandise from over 1,000 brands covering primarily consumer electronics, home appliances, watches and accessories, sports and outdoor merchandise and luggage.

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