JD.com (JD) call put ratio 1.2 calls to 1 put into Walmart (WMT) sells $3.6B stake
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Citi Opens 30-Day Upside Catalyst Watch on JD.com, Inc (JD)
August 22, 2024 7:54 AM EDTCiti analyst Alicia Yap reiterated a Buy rating and $41.00 price target on JD.com, Inc (NASDAQ: JD).
The analyst comments "Over the past 6-12 months, internet companies have been increasingly accelerating their buyback activities. JD is among the notable ones that have stepped up their buyback pace aggressively. After utilizing US$2.1bn out of its previous... More
Citi Reiterates Buy Rating on JD.com, Inc (JD)
August 21, 2024 6:36 AM EDTCiti 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
