JD.com, Inc (JD) PT Raised to $55 at Barclays
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Price: $29.37 -0.14%
Rating Summary:
33 Buy, 7 Hold, 3 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
33 Buy, 7 Hold, 3 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Barclays analyst Gregory Zhao raised the price target on JD.com, Inc (NASDAQ: JD) to $55.00 (from $50.00) while maintaining a Overweight rating.
The analyst comments "JD is likely to report 4Q accelerated revenue growth ~10% yoy with strong margins. We think consumption stimulus remains a key theme for 2025 with JD a clear beneficiary. Raising estimates and PT to $55. Reiterate OW."
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