SunTrust Robinson Humphrey Starts JD.com, Inc (JD) at Buy

July 1, 2014 6:45 AM EDT
Get Alerts JD Hot Sheet
Price: $28.88 +2.41%

Rating Summary:
    33 Buy, 7 Hold, 3 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 16 | Down: 7 | New: 60
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SunTrust Robinson Humphrey initiates coverage on JD.com, Inc (NASDAQ: JD) with a Buy rating and a price target of $35.00.

Analyst Robert Peck cited: 1) Largest eCommerce Direct Seller in China (think AMZN); 2) JD Also The 2nd Largest Marketplace Business In China (think eBay); 3) 10 Growth Drivers Creating Substantial Opportunity; 4) Strong Topline Growth, Expanding Margins; 5) The Stock is Attractive

For an analyst ratings summary and ratings history on JD.com, Inc click here. For more ratings news on JD.com, Inc click here.

Shares of JD.com, Inc closed at $28.51 yesterday.



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