QFIN - LexinFintech: My Thoughts On The Recent Sell-Off And Relative Value; Sell Recommendation
2025-04-14 17:31:38 ET
Summary
- Despite LexinFintech's pronounced underperformance against the market and peers. I think a meaningful short-term price gain is unlikely.
- There are still pronounced market risks in the US and China considering macro fundamentals, which is especially meaningful for a high-volatility and high-beta stock like LX.
- Relative valuation points to mostly downside for the stock.