JP Morgan Maintains Overweight on Vipshop Holdings, Raises Price Target to $20
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Andre Chang maintains an Overweight rating on Vipshop Holdings (NYSE:VIPS) and raises the price target from $18 to $20.
June 30, 2023 | 2:44 pm
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POSITIVE IMPACT
JP Morgan maintains an Overweight rating on Vipshop Holdings and raises the price target from $18 to $20.
The news is directly related to Vipshop Holdings. JP Morgan's decision to maintain an Overweight rating and raise the price target indicates a positive outlook for the company, which could lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100