Form 6-K Vipshop Holdings Ltd For: Mar 05

Go back to Form 6-K Vipshop Holdings Ltd For: Mar 05

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