Loop Capital Maintains Hold on JD.com, Lowers Price Target to $31
Portfolio Pulse from Benzinga Newsdesk
Loop Capital analyst Rob Sanderson maintains a Hold rating on JD.com (NASDAQ:JD) and lowers the price target from $35 to $31.
June 21, 2024 | 1:49 pm
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Loop Capital analyst Rob Sanderson maintains a Hold rating on JD.com and lowers the price target from $35 to $31.
The lowered price target from $35 to $31 suggests a less optimistic outlook for JD.com's stock performance, which could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100