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Fly News Breaks for August 17, 2016
VIPS
Aug 17, 2016 | 08:13 EDT
Brean Capital analyst Fawne Jiang raised her price target on Vipshop to $21 from $15 following strong Q2 results which showed an acceleration of revenue growth, new user growth, and stable margins. Jiang reiterated her Buy rating on Vipshop shares.
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