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Fly News Breaks for June 26, 2018
VIPS
Jun 26, 2018 | 07:47 EDT
CLSA analyst Man Ho Lam upgraded Vipshop to Outperform following recent weakness in shares citing valuation. The analyst believes further downside is limited and sees potential upside from improved cooperation with Tencent-JD in 2H 2018.
News For VIPS;VIPS From the Last 2 Days
VIPS
Mar 28, 2024 | 06:54 EDT
HSBC lowered the firm's price target on Vipshop to $19 from $22.90 and keeps a Hold rating on the shares. The company's Q1 revenue growth "could disappoint" as unpredictable weather weakened demand, the analyst tells investors in a research note. The firm says that while Vipshop's margin should stay resilient, its user growth may slow down.