Baozun Inc. (BZUN) Tops Q1 EPS by 24c, Beats on Revenue

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Baozun (BZUN) PT Raised to $4.20 at Citi

May 28, 2024 1:54 PM EDT

Citi analyst Alicia Yap raised the price target on Baozun (NASDAQ: BZUN) to $4.20 (from $3.70) while maintaining a Buy rating.

The analyst comments "BZUN delivered a better-than-expected 1Q24 result with total revenues +5% yoy to Rmb1.98bn, beat Citi/Consensus by 6%/4%, attributed to higher... More