Susquehanna Maintains Neutral on JD.com, Lowers Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Shyam Patil maintains a Neutral rating on JD.com (NASDAQ:JD) and lowers the price target from $45 to $40.
May 18, 2023 | 1:16 pm
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NEUTRAL IMPACT
Susquehanna analyst Shyam Patil maintains a Neutral rating on JD.com and lowers the price target from $45 to $40.
The news directly mentions JD.com and the lowered price target by Susquehanna analyst Shyam Patil. The Neutral rating suggests that the stock is not expected to outperform or underperform the market in the short term. The lowered price target may have a neutral impact on the stock price as it indicates a potential decrease in the stock's value, but the Neutral rating suggests that the stock is not expected to have significant price movement in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100