Baozun Inc. (BZUN) Tops Q2 EPS by 1c
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Deutsche Bank Downgrades Baozun (BZUN) to Hold
August 23, 2017 7:00 AM EDTDeutsche Bank downgraded Baozun (NASDAQ: BZUN) from Buy to Hold with a price target of $30.00 (from $25.00).
Analyst Eileen Deng notes while GMV growth was strong, at 63.5% YoY, they are downgrading on valuation.
The stock has risen 18% in the past... More
