Benchmark Maintains Buy on Vipshop Holdings, Raises Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Fawne Jiang maintains a Buy rating on Vipshop Holdings (NYSE:VIPS) and raises the price target from $15 to $19.
May 24, 2023 | 11:26 am
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Benchmark analyst Fawne Jiang maintains a Buy rating on Vipshop Holdings and raises the price target from $15 to $19.
The raised price target from $15 to $19 by Benchmark analyst Fawne Jiang indicates a positive outlook for Vipshop Holdings. This news is directly related to the company and is likely to have a positive impact on its stock price in the short term, as it suggests that the analyst believes the company is undervalued at its current price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100