Mizuho Maintains Buy on JD.com, Raises Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst James Lee maintains a Buy rating on JD.com (NASDAQ:JD) and raises the price target from $33 to $40.
May 17, 2024 | 11:34 am
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Mizuho analyst James Lee maintains a Buy rating on JD.com and raises the price target from $33 to $40.
The raised price target from $33 to $40 by a reputable analyst at Mizuho is likely to positively impact JD.com's stock price in the short term as it reflects increased confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100