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Fly News Breaks for February 4, 2020
VIPS
Feb 4, 2020 | 16:24 EDT
Morgan Stanley analyst Eddy Wang initiated coverage of Vipshop with an Equal Weight rating and $13.50 price target despite what he views as a "reasonable valuation level," telling investors that he doesn't see a near-term catalyst for its revenue growth to re-accelerate.
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