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Fly News Breaks for July 8, 2015
VIPS
Jul 8, 2015 | 07:01 EDT
Deutsche Bank recommends using the recent weakness in shares of Vipshop as a buying opportunity. Deutsche expects the company to "easily" meet its Q2 sales guidance and attributes the selloff to short-seller research coverage, profit-taking and "undue concern" over the upcoming Q2 results. It keeps a Buy rating on the name with a $32.10 price target.
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