Vipshop Holdings (VIPS) Tops Q1 EPS by 1c

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UPDATE: Vipshop Holdings (VIPS) PT Raised to $18 at Stifel; '1Q Beat & Raise, Potential Spin of Finance Unit, Restructure Logistics'

May 16, 2017 7:26 AM EDT

(Updated - May 16, 2017 7:27 AM EDT)

Stifel raised its price target on Vipshop Holdings (NYSE: VIPS) to $18.00 (from $17.00) while maintaining a Buy rating, following the company's first quarter earnings report.

Analyst George Askew notes the company reported first quarter revenues and earnings per... More