02:30 PM EDT, 05/24/2024 (MT Newswires) -- Bilibili ( BILI ) shares rose 2% higher in recent Friday trading after Barclays upgraded the stock to equalweight from underweight with $14 price target.

Benchmark raised its price target on Bilibili ( BILI ) to $16 from $15, while maintaining a buy rating.

On Thursday, the company said its Q1 adjusted loss narrowed from a year earlier as revenue rose.

Price: 14.01, Change: +0.27, Percent Change: +1.97