Chinese retailer JD.com's low price strategy helps revenue beat expectations
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JD.com, Inc (JD) PT Raised to $40 at US Tiger Securities
May 17, 2024 10:59 AM EDTUS Tiger Securities analyst Bo Pei raised the price target on JD.com, Inc (NASDAQ: JD) to $40.00 (from $35.00) while maintaining a Buy rating.
... MoreJD.com, Inc (JD) PT Raised to $40 at UBS
May 17, 2024 5:58 AM EDTUBS analyst Jerry Liu raised the price target on JD.com, Inc (NASDAQ: JD) to $40.00 (from $37.00) while maintaining a Buy rating.
The analyst comments "1) Revenue outlook: We estimate JD delivered double digit GMV growth in 1Q with Apr staying resilient. By category,... More
JD.com, Inc (JD) PT Raised to $43 at BofA Securities
May 17, 2024 4:49 AM EDTBofA Securities analyst Brandy Sun raised the price target on JD.com, Inc (NASDAQ: JD) to $43.00 (from $38.00) while maintaining a Buy rating.
The analyst comments JD reported net revs of RMB260b (+7.0% YoY), in-line with the expectation. JD Retail (JDR) saw 7% YoY growth in revs. By category, electronics, and home appliances direct... More
JPMorgan Reiterates Neutral Rating on JD.com, Inc (JD)
May 16, 2024 1:54 PM EDTJPMorgan analyst Andre Chang reiterated a Neutral rating and $28.00 price target on JD.com, Inc (NASDAQ: JD).
The analyst comments "We expect JDs share price to show a mildly positive response to a better-than-expected 1Q24 total earnings which rose 18% YoY to 25%/21% ahead of... More
JD.com (JD) shares advance as Q1 earnings, revenue exceed expectations
May 16, 2024 6:35 AM EDTJD.com (NASDAQ: JD) saw its shares rise more than 4% in Thursday premarket trading after the e-commerce giant reported earnings and revenue that beat analyst expectations.
For the three-month period, the company posted earnings per share (EPS) of RMB5.65, beating analyst projections of... More
