Benchmark analyst Fawne Jiang raised the firm's price target on JD.com to $60 from $42 and keeps a Buy rating on the shares following "another solid set of results" in Q4 and guidance for continued double digit revenue growth in Q1. The resilience of JD's operations and supply chain capabilities allowed the company to quickly resume full operations and provide undisrupted services after the Chinese New Year and the company is best positioned among its industry peers amid a logistics disruption, said Jiang, who added that the outbreak should help JD gain better brand recognition.