Vipshop Holdings (VIPS) Misses Q3 EPS by 4c, Revenues Beat

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Vipshop Holdings (VIPS) PT Lowered to $6.20 at CLSA

November 16, 2018 7:27 AM EST

CLSA analyst Sally Chan lowered the price target on Vipshop Holdings (NYSE: VIPS) to $6.20 (from $6.60) while maintaining a Underperform rating. Vipshops 3Q results were weak but better than lowered expectation. Its 3Q revenue decelerated to +16% YoY (2% above consensus) driven by customer... More