Vipshop Holdings (VIPS) Reports Q4 EPS of $0.85

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Citi Upgrades Vipshop Holdings (VIPS) to Buy on Proven Strategy

March 6, 2020 4:23 AM EST

Citi analyst Alicia Yap upgraded Vipshop Holdings (NYSE: VIPS) from Neutral to Buy with a price target of $20.00 (from $13.00).

The analyst comments "With VIPS commitment of focusing its strength in procuring branded overstock apparel merchandise, utilizing cost-efficient product-driven user acquisition strategy and ongoing... More