Benchmark Downgrades Vipshop Holdings to Hold
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Fawne Jiang has downgraded Vipshop Holdings (NYSE:VIPS) from Buy to Hold.
May 23, 2024 | 12:47 pm
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Benchmark analyst Fawne Jiang has downgraded Vipshop Holdings from Buy to Hold, indicating a less optimistic outlook on the stock.
The downgrade from Buy to Hold by a reputable analyst suggests a less favorable view on the stock's short-term performance, likely leading to a negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100