Benchmark Reiterates Buy on Vipshop Holdings, Maintains $19 Price Target
Portfolio Pulse from richadhand@benzinga.com
Benchmark analyst Fawne Jiang has reiterated a 'Buy' rating on Vipshop Holdings (NYSE:VIPS) and maintained a price target of $19.
August 21, 2023 | 12:22 pm
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Vipshop Holdings has been reiterated with a 'Buy' rating by Benchmark analyst Fawne Jiang, with a maintained price target of $19.
The reiteration of a 'Buy' rating by a Benchmark analyst indicates a positive outlook for Vipshop Holdings. The maintained price target of $19 suggests that the analyst believes the stock is undervalued at current levels, which could lead to upward pressure on the stock price in the short term.
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