B of A Securities Maintains Buy on Vipshop Holdings, Raises Price Target to $17.8
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Joyce Ju maintains a Buy rating on Vipshop Holdings (NYSE:VIPS) and raises the price target from $15.2 to $17.8.
May 24, 2023 | 9:31 am
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POSITIVE IMPACT
B of A Securities maintains a Buy rating on Vipshop Holdings and raises the price target from $15.2 to $17.8.
The raised price target by B of A Securities analyst Joyce Ju indicates a positive outlook for Vipshop Holdings. This news is likely to have a positive impact on the stock price in the short term as it shows increased confidence in the company's performance and potential growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100