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Stock impact report

JD.com (JD) Upgraded to ‘Buy', Price Target Raised by $5 [Yahoo! Finance]

JD.com, Inc. - American Depositary Shares (JD) 
Last jd.com, inc. - american depositary shares earnings: 3/2 05:03 am Check Earnings Report
US:NASDAQ Investor Relations: ir.jd.com
Company Research Source: Yahoo! Finance
JD.com, Inc. (NASDAQ:JD) is a leading technology-driven e-commerce company transforming to become the leading supply chain-based technology and service provider. On April 17, Arete upgraded JD.com, Inc. (NASDAQ:JD) from ‘Neutral' to ‘Buy', while also raising its price target from $32 to $37. The target boost indicates an upside of almost 21% from the current price levels. Arete expects JD.com, Inc. (NASDAQ:JD) to witness an earnings recovery due to the lowered food delivery losses. While the analyst firm projects the company's revenue growth to “likely be weak”, it expects the margins to “have some upside”. Similarly, earlier on April 14, the analysts at Macquarie also upgraded JD.com, Inc. (NASDAQ:JD) from ‘Neutral' to ‘Outperform' while bumping their price target on the stock from $25 to $35. The analyst cited JD.com, Inc. (NASDAQ:JD)'s improving earnings prospects for the upgrade, driven by the company's shrinking quick commerce losses and a disciplined expansion into Euro Show less Read more
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