Stocks with call strike movement; JCP JD

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Jefferies Raises Price Target on JD.com (JD) to $32 Following 2Q

August 11, 2016 8:44 AM EDT

Jefferies reiterated a Buy rating on JD.com, Inc (NASDAQ: JD), and raised the price target to $32.00 (from $31.60), following the company's 2Q earnings report. Revenue grew 42% yoy to RMB65.2bn, in line with management guidance and consensus. Management guided 3Q16 revenue at... More