Vipshop Holdings (VIPS) Tops Q1 EPS by 15c; Guides Above the Street

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Go back to Vipshop Holdings (VIPS) Tops Q1 EPS by 15c; Guides Above the Street

Vipshop Holdings (VIPS) PT, Estimates Lifted at Piper Jaffray on Strong Q1, Q2 Guidance

May 16, 2014 7:39 AM EDT

Piper Jaffray analyst Gene Munster reiterated a an Overweight rating and lifted his price target on Vipshop Holdings (NYSE: VIPS) to $224.00 (from $207.00) following strong Q1 results and Q2 guidance.

Munster commented, "We view Vipshop's strong Q1 report and Q2 guide as... More