bearish

Kanzhun

[Kanzhun Ltd. (BZ US) Rating Change]: Nearing a Saturation Point…DG to SELL

313 Views14 Mar 2023 08:49
We are concerned that BZ will incur higher sales marketing cost to maintain its increasingly sluggish MAU growth. We downgrade BZ from BUY to SELL rating, and cut TP to US$12.4.
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