JD.com (JD) Tops Q2 EPS by 2c, Beats on Revenues

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Go back to JD.com (JD) Tops Q2 EPS by 2c, Beats on Revenues

JD.com, Inc (JD) PT Raised to $55 at Nomura/Instinet; Reiterates Buy

August 15, 2017 7:10 AM EDT

Nomura/Instinet raised its price target on JD.com, Inc (NASDAQ: JD) to $55.00 (from $46.00) while maintaining a Buy rating following the company's 2Q. JD's top line of CNY93.2nm beat the consensus estimates by 4%. NON-GAAP operating came in at 0.6%, mainly due to... More