Form SC 13G/A JD.com, Inc. Filed by: Walmart Inc.

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Citi Reiterates Buy Rating on JD.com, Inc (JD)

August 21, 2024 6:36 AM EDT

Citi analyst Alicia Yap reiterated a Buy rating and $41.00 price target on JD.com, Inc (NASDAQ: JD).

The analyst comments "We view todays news regarding Walmart exiting JD.com 9.4% stake as a surprise and >10% share price decline likely have reflected the unexpected
news. Per Reuters... More