JD.com (JD) Soars After Adding Record Users in Q2, Goldman's New PT Implies a Near 100% Upside; Cathie Wood Increases its Stake
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JD.com, Inc (JD) PT Lowered to $92 at BofA Securities
August 24, 2021 7:58 AM EDTBofA Securities analyst Eddie Leung lowered the price target on JD.com, Inc (NASDAQ: JD) to $92.00 (from $100.00) while maintaining a Buy rating.
... MoreJD.com, Inc (JD) PT Lowered to $125 at Goldman Sachs
August 24, 2021 2:40 AM EDTGoldman Sachs analyst Ronald Keung lowered the price target on JD.com, Inc (NASDAQ: JD) to $125.00 (from $130.00) while maintaining a Conviction Buy rating.... More
JD.Com (H-Shares) (9618:HK) (JD) PT Lowered to HK$486 at Goldman Sachs
August 24, 2021 2:05 AM EDTGoldman Sachs analyst Ronald Keung lowered the price target on JD.Com (H-Shares) (9618:HK) (NASDAQ: JD) to HK$486.00 (from HK$502.00) while maintaining a Conviction Buy rating.... More
UPDATE: JD.com, Inc (JD) PT Lowered to $85 at Mizuho Securities on Q2 Beat
August 23, 2021 4:17 PM EDT(Updated - August 23, 2021 4:23 PM EDT)
Mizuho Securities analyst James Lee lowered the price target on JD.com, Inc (NASDAQ: JD) to $85.00 (from $95.00) while maintaining a Buy rating following results.
The analyst commented, "JD beat revenue growth expectations by 2 points, and we... More
China's JD.com adds record new users in Q2 amid regulatory tightening
August 23, 2021 6:21 AM EDTBy Josh Horwitz and Akanksha Rana
SHANGHAI (Reuters) -Chinese e-commerce giant JD.com Inc on Monday told investors it does not expect any business impact from a wave of regulations hitting Chinese industry, after beating analysts' expectations for the quarter through June.
The company's Hong Kong-listed shares jumped nearly 10% in morning trade on Tuesday, setting it up to add nearly $10 billion to its market value. The broader Hang Seng Index was up 1.7%.
The company's strong results come amid a crackdown on the tech industry by Chinese authorities that has led to an upheaval in sectors such as... More
JD.com (JD) Tops Q2 EPS by RMB 0.55
August 23, 2021 6:10 AM EDTJD.com (NASDAQ: JD) reported Q2 EPS of RMB2.90, RMB0.55 better than the analyst estimate of RMB2.35. Revenue for the quarter came in at RMB253.8 billion versus the consensus estimate of RMB249.7 billion.
For earnings history and earnings-related data on JD.com (JD) click here.
... More