Citigroup Maintains Buy on Baozun, Lowers Price Target to $5.2
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Alicia Yap has maintained a 'Buy' rating on Baozun (NASDAQ:BZUN) but lowered the price target from $6 to $5.2.

August 15, 2023 | 11:35 am
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NEUTRAL IMPACT
Citigroup has maintained a 'Buy' rating on Baozun but lowered the price target from $6 to $5.2.
The news is directly related to Baozun and is likely to influence investor sentiment. While the 'Buy' rating is maintained, the lowered price target may indicate a potential downside, leading to mixed reactions in the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100