Vipshop Filed 2023 Annual Report on Form 20-F

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Vipshop Holdings (VIPS) PT Lowered to $18 at Morgan Stanley

April 19, 2024 6:18 AM EDT

Morgan Stanley analyst Eddy Wang lowered the price target on Vipshop Holdings (NYSE: VIPS) to $18.00 (from $20.00) while maintaining a Equalweight rating.

The analyst comments "We cut our earnings estimates in 2024-26 to reflect our lower margin assumptions - We model VIPS' 1Q24 GMV to... More