JD.com, Inc (JD) PT Lowered to $49 at Nomura/Instinet
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Price: $29.06 -0.82%
Rating Summary:
33 Buy, 7 Hold, 3 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
33 Buy, 7 Hold, 3 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Nomura/Instinet lowered its price target on JD.com, Inc (NASDAQ: JD) to $49.00 (from $55.00) while maintaining a Buy rating.
Analyst Jialong Shi previews JD ahead of the Q3 print and suspect 3P GMV likely to slow down while the overall results should "remain solid."
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