JD Property (JD) Acquires HK$3.99B Stake in China Logistics Property Holdings

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JD.com, Inc (JD) PT Raised to $90 at Stifel

September 3, 2021 1:09 PM EDT

Stifel analyst Scott W. Devitt raised the price target on JD.com, Inc (NASDAQ: JD) to $90.00 (from $85.00) while maintaining a Buy rating.

The analyst commented, "This morning, JD.com, Inc. announced that it will be acquiring a controlling stake of China Logistics Property for... More