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JD.com (JD) Tops Q1 EPS by 16c

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JD.com, Inc (JD) PT Lowered Street High to $106 at Benchmark, Says 'Short-term Setback on COVID; LT Fundamental Intact'

May 18, 2022 6:20 AM EDT

Benchmark analyst Fawn Jiang lowered the price target on JD.com, Inc (NASDAQ: JD) to Street High $106.00 (from $117.00) while maintaining a Buy rating.

The analyst comments "JD delivered solid 1Q results with robust bottom-line beat but guided 2Q growth below expectations, attributable to COVID... More