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Fly News Breaks for December 1, 2015
JD
Dec 1, 2015 | 08:26 EDT
After hosting CFO Sidney Huang for meetings with investors, Jefferies analyst Cynthia Meng is incrementally positive on JD.com. On top of a strong Single's Day performance, the company's Q4 is tracking "very well, Meng tells investors in a research note. She expects JD's 1P business to turn profitable with improving margins in 2016. The analyst has a Buy rating on the stock with a $43 price target.
News For JD From the Last 2 Days
