JD.com Announces Luxury Sunglasses Partnership With Luxottica
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Cowen Raises PT Following Strong 1Q15 by JD.com (JD)
May 11, 2015 10:28 AM EDTCowen maintains a Market Perform rating on JD.com, Inc (NASDAQ: JD), and raised the price target to $35.00 (from $33.00) following strong 1Q15 results. JD reported revenue of 36.6BN (up 62% y/y), and GMV up 99%. Cowen believes tJD.com (NASDAQ: JD)
hat management is executing well, and that JD remains compelling.
Cowen analyst, John Blackledge, commented on JD's 1Q, saying,... More
Brean Capital Raises PT on JD.com (JD) following 1Q
May 11, 2015 6:57 AM EDTBrean Capital reiterates their Buy rating for JD.com, Inc (NASDAQ: JD), and raised the price target to $37.00 (from $35.00), believing that JD is in a good position to capture growth in China. JD reported 1Q15 revenue of $36.6bn, above consensus estimates of $35.7bn. However, their adjusted EPS came in at RMB -0.15 (or -$0.02), below expectations of RMB -0.02. The company provided 2Q revenue guidance in the range of RMB... More
