JD.com (JD) Tops Q1 EPS by 1c, Revenues Beat

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JD.com, Inc (JD) PT Raised to $45 at Stifel Following 1Q Report

May 8, 2017 3:09 PM EDT

Stifel raised its price target on JD.com, Inc (NASDAQ: JD) to $45.00 (from $38.00) while maintaining a Buy rating. JD reported strong 1Q17 results that topped consensus expectations. Net revenue for 1Q17 was RMB76.2 billion (US$11.1 billion), an increase of 41.2% y/y and ahead of consensus... More