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Fly News Breaks for January 17, 2018
JD, TCEHY, VIPS
Jan 17, 2018 | 07:04 EDT
KeyBanc analyst Hans Chung raised his price target for Vipshop (VIPS) to $17 from $11 as he expects collaboration with Tencent (TCEHY) and JD (JD) to drive significant traffic growth. The analyst reiterates an Overweight rating on Vipshop's shares.
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