Vipshop Reports Unaudited First Quarter 2024 Financial Results

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Vipshop Holdings (VIPS) PT Lowered to $20 at Citi

May 22, 2024 4:04 PM EDT

Citi analyst Alicia Yap lowered the price target on Vipshop Holdings (NYSE: VIPS) to $20.00 (from $25.00) while maintaining a Buy rating.

The analyst comments "VIPS reported a mixed 1Q24 with total revs/non-GAAP net profit +0.4%/+24.8%yoy to Rmb27.6bn/Rmb2.58bn; -0.9%/+15% vs consensus... More

Vipshop Holdings (VIPS) PT Lowered to $20.80 at Jefferies

May 22, 2024 11:37 AM EDT

Jefferies analyst Thomas Chong lowered the price target on Vipshop Holdings (NYSE: VIPS) to $20.80 (from $21.30) while maintaining a Buy rating.

The analyst comments "VIPS reported 1Q results. Management highlights GMV for apparels category maintains positive YoY growth QTD in 2Q while standardized products... More

Citi Reiterates Buy Rating on Vipshop Holdings (VIPS)

May 22, 2024 6:02 AM EDT

Citi analyst Alicia Yap reiterated a Buy rating and $25.00 price target on Vipshop Holdings (NYSE: VIPS).

The analyst comments "VIPS reported a mixed 1Q24 with total net revs of Rmb27.6bn +0.4% y/y, at low end of guidance range of... More

Jefferies Reiterates Buy Rating on Vipshop Holdings (VIPS)

May 22, 2024 5:35 AM EDT

Jefferies analyst Thomas Chong reiterated a Buy rating and $21.30 price target on Vipshop Holdings (NYSE: VIPS)

The analyst comments "VIPS reported 1Q results, with total revenue inline with consensus and our estimates. GMV grew at about 8% YoY (vs our estimate of 6% YoY). Non-GAAP... More