Bernstein says this Chinese media platform can surge nearly 25%

Bilibili is cementing its staus as a premier media platform in China with top tier content, according to Bernstein. “We like the model of Bilibili — its content is of higher quality, longer shelf life and dare we say, as research analysts, we are partial,” analyst Boris Van said. “In a world where short form videos and quality are variable at best, there is a place for a platform with refreshing content.” Bernstein initiated research coverage of the Chinese online entertainment services provider with an outperform rating and a $28 per share price target. Bernstein’s forecast implies nearly 25% upside…