Benchmark Reiterates Buy on JD.com, Maintains $67 Price Target
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Fawne Jiang has reiterated a Buy rating on JD.com (NASDAQ:JD) and maintained a $67 price target for the company's stock.
November 16, 2023 | 5:05 pm
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Benchmark analyst Fawne Jiang reaffirms a Buy rating on JD.com with a $67 price target, indicating a positive outlook for the stock.
The reiteration of a Buy rating by a Benchmark analyst suggests a positive sentiment towards JD.com's stock. The maintained price target of $67 implies that the analyst sees potential for the stock to rise to that level, which could influence investor confidence and potentially lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100