JD.com Gains Traction In Retail, Delivery As Analyst Flags Margin Risks
Wall Street analysts rerated JD.com, Inc JD on Wednesday, including slashing their price targets after the company reported first-quarter results on Tuesday.The stock is trading lower on Wednesday.Benchmark analyst Fawne Jiang maintained JD.com with a Buy and lowered the price target from 53.Also Read: US Listed Chinese Stocks Rally As Countries Agree To Ease Import TariffsJiang noted that net revenue was 301 billion Chinese yuan (+15.8%) or $41.5 billion, beating consensus expectations by 11 billio ...