So-Young International (NASDAQ:SY) Cut to "Sell" at Wall Street Zen

Key Points

• So-Young International has been downgraded from a "hold" to a "sell" rating by Wall Street Zen, reflecting a negative outlook on the stock.
• Despite the downgrade, Citigroup upgraded the stock to a "buy" rating with a price target of $5.50, indicating some mixed sentiment among analysts.
• An institutional investor recently acquired a new position in So-Young International, purchasing 36,306 shares valued at approximately $113,000, highlighting ongoing interest from hedge funds.

So-Young International (NASDAQ:SY - Get Free Report) was downgraded by investment analysts at Wall Street Zen from a "hold" rating to a "sell" rating in a research note issued on Friday.

Separately, Citigroup upgraded shares of So-Young International from a "neutral" rating to a "buy" rating and set a $5.50 price target on the stock in a research note on Tuesday, July 8th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, So-Young International presently has an average rating of "Buy" and an average price target of $5.50.

So-Young International Trading Up 4.1%

Shares of NASDAQ SY opened at $4.05 on Friday. The firm has a 50 day moving average of $8.01 and a 200 day moving average of $11.40. The firm has a market capitalization of $410.83 million, a price-to-earnings ratio of -4.66 and a beta of 1.76. So-Young International has a 12-month low of $0.66 and a 12-month high of $6.28.

Hedge Funds Weigh In On So-Young International

An institutional investor recently bought a new position in So-Young International stock. XTX Topco Ltd acquired a new stake in So-Young International Inc. Sponsored ADR (NASDAQ:SY - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 36,306 shares of the company's stock, valued at approximately $113,000. 35.31% of the stock is currently owned by institutional investors and hedge funds.

So-Young International Company Profile

So-Young International Inc operates an online platform for consumption healthcare services in the People's Republic of China. The company offers So-Young Mobile App that offers users medical aesthetic knowledge and experience to reach an informed medical aesthetic treatment decision and make reservations for treatment with medical professionals and medical aesthetic institutions; So-Young Beauty which provides similar interfaces and functions as the mobile app, as well as serves as additional access points to the platform; and medical aesthetic community content through its website soyoung.com.

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