No Data
Nomura Downgrades Vipshop(VIPS.US) to Hold Rating, Cuts Target Price to $14
Nomura analyst Jialong Shi downgrades $Vipshop(VIPS.US)$ to a hold rating, and adjusts the target price from $21 to $14.According to TipRanks data, the analyst has a success rate of 46.2% and a total
Nomura Downgrades Vipshop Holdings to Neutral From Buy, Cuts Price Target to $14 From $21
Nomura downgraded vipshop (VIPS.US) to "neutral" with a target price of $14 amid intensified competition and worsening e-commerce ecology in the book "Da Hang".
Nomura released a report lowering the investment rating of VIPS.US from "Buy" to "Neutral" and lowering the target price from $21 to $14. The report states that Vipshop needs to make difficult choices between maintaining stable profit margins and revenue growth. The report also mentioned that the intensified competition among e-commerce giants has worsened the business environment, and the price competition in the e-commerce industry has never been so intense. PDD.US originally launched a low stock price strategy, which was imitated by Alibaba-SW (09988.HK) (BABA.US) and JD.com-SW (09618.HK) (JD.US). Alibaba and JD.com both
Asian Equities Traded in the US as American Depositary Receipts Flat in Thursday Trading
Express News | Vipshop Holdings Ltd : Jefferies Cuts Target Price to $20.3 From $20.8
Futu Morning News | Nvidia returns to the $3 trillion club! Receives support from famous investors; rate cut in sight? Fed Governor Lael Brainard: inflation control is now in sight
BNP Paribas: With the approaching of the Fed's interest rate cut, the S&P 500 index will maintain a "buy on dips" mode; Rivian receives a $500 million investment from Volkswagen in Germany, and the stock price soars more than 50% after hours; Novo Nordisk's semaglutide for obesity treatment has been approved in China, and the stock price hits a new record high again.