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JD.com, Inc (JD) PT Raised to $52 at Nomura/Instinet Following 3Q Report

November 14, 2017 7:52 AM EST

Nomura/Instinet raised its price target on JD.com, Inc (NASDAQ: JD) to $52.00 (from $49.00) while maintaining a Buy rating following the company's 3Q earnings release. JDs gross margin came in at 15.5%, vs the consensus estimate of 14.8%. Online marketing service likely accounted for... More