JD.com, Inc (JD) PT Raised to $35 at China Renaissance Following 4Q Top-Line Beat; Category Expansion in Focus

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Go back to JD.com, Inc (JD) PT Raised to $35 at China Renaissance Following 4Q Top-Line Beat; Category Expansion in Focus

JD.com, Inc (JD) PT Raised to $33 at MKM Partners; Reiterates Neutral

March 3, 2017 10:45 AM EST

MKM Partners raised its price target on JD.com, Inc (NASDAQ: JD) to $33.00 (from $27.00) while maintaining a Neutral rating. Direct sales GMV growth accelerated 400bps sequentially to 46% and gross margin continue to show a solid increase, up 49bps y/y. Online marketplace GMV growth decelerated... More