Vipshop Reports Unaudited Second Quarter 2015 Financial Results
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Summit Research Cuts Price Target on Vipshop Holdings (VIPS) Following 2Q15 Results
August 12, 2015 9:14 AM EDTSummit Research maintained a Buy rating on Vipshop Holdings (NYSE: VIPS), and cut the price target to $31.00 (from $35.00), following its 2Q15 report. Revenue in the quarter was up 76% Y/Y, versus consensus of 74% Y/Y. VIPS' guidance implies a Y/Y growth range of 71%- 74%, versus street expectation of 75%.
Analyst Henry Guo commented, "VIPS reported strong 2Q15 results with both top and... More
Brean Capital Cuts Price Target on Vipshop Holdings (VIPS) Following 2Q15
August 12, 2015 7:22 AM EDTBrean Capital maintained a Buy rating on Vipshop Holdings (NYSE: VIPS), and cut the price target to $25.00 (from $30.00), following the company's 2Q15 earnings results. VIPS reported 2Q15 net revenue of RMB 9.02bn, exceeding consensus estimates of RMB 8.96bn. EPS came in at $0.14, beating Street expectations of $0.12.... More
