JD.com shares rise on price target boost
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JD.com shares increased after Jefferies analysts raised their price target from $54 to $60, maintaining a 'Buy' rating.
January 17, 2025 | 5:00 pm
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JD.com shares rose after Jefferies analysts increased their price target from $54 to $60, maintaining a 'Buy' rating.
The increase in price target by Jefferies from $54 to $60, along with a maintained 'Buy' rating, suggests a positive outlook for JD.com. This is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100