Vipshop Reports Unaudited Fourth Quarter and Full Year 2023 Financial Results

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Vipshop Holdings (VIPS) PT Raised to $25 at Citi, Closes 90-Day Upside Catalyst Watch

February 29, 2024 6:56 AM EST

Citi analyst Alicia Yap raised the price target on Vipshop Holdings (NYSE: VIPS) to $25.00 (from $21.00) while maintaining a Buy rating.

The analyst comments "

VIPS concluded 2023 with record 4Q23 OpM and NM at 11.4%/9.2% on the back of 21.9% GMV growth and 9.2% of total revs growth attributable to... More

Vipshop Holdings (VIPS) Mentioned Positively at Citi Following Earnings

February 28, 2024 6:34 AM EST

Citi analyst Alicia Yap reiterated a Buy rating and $21.00 price target on Vipshop Holdings (NYSE: VIPS).

The analyst comments "VIPS reported solid 4Q23 with total net revs of Rmb34.7bn +9.2% y/y, beating guidance range of Rmb31.8-33.3bn and +5.0%/+4.5% higher than... More