Form 6-K Vipshop Holdings Ltd For: Aug 20
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Vipshop Holdings (VIPS) PT Lowered to $17.60 at Jefferies
August 20, 2024 3:19 PM EDTJefferies analyst Thomas Chong lowered the price target on Vipshop Holdings (NYSE: VIPS) to $17.60 (from $20.30) while maintaining a Buy rating.
The analyst comments "VIPS reported 2Q results. During the conference call, management highlighted that consumers remain cautious in spending amid the uncertain macro... More
Vipshop Holdings (VIPS) PT Lowered to $14 at Morgan Stanley
August 20, 2024 3:15 PM EDTMorgan Stanley analyst Eddy Wang lowered the price target on Vipshop Holdings (NYSE: VIPS) to $14.00 (from $16.00) while maintaining a Equalweight rating.
The analyst comments "Guidance of a 5-10% YoY revenue decline for 3Q24 suggests that weak consumption and more intense competition remain... More
