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Nomura Downgrades Vipshop(VIPS.US) to Hold Rating, Cuts Target Price to $14
Nomura analyst Jialong Shi downgrades $Vipshop(VIPS.US)$ to a hold rating, and adjusts the target price from $21 to $14.According to TipRanks data, the analyst has a success rate of 46.2% and a total
Nomura Downgrades Vipshop Holdings to Neutral From Buy, Cuts Price Target to $14 From $21
06:52 AM EDT, 06/28/2024 (MT Newswires) -- Nomura Downgrades Vipshop Holdings to Neutral From Buy, Cuts Price Target to $14 From $21 Price: 13.23, Change: +0.08, Percent Change: +0.61
Asian Equities Traded in the US as American Depositary Receipts Flat in Thursday Trading
Asian equities traded in the US as American depositary receipts were flat in late Thursday morning trading, nudging 0.04% higher to 1,957.15 on the S&P Asia 50 ADR Index. From North Asia, the gainers
Express News | Vipshop Holdings Ltd : Jefferies Cuts Target Price to $20.3 From $20.8
Dongxing Securities: The overall performance of the 618 promotion is weak, and the overall performance of the beauty industry is relatively weak. Some high-quality domestic brand products have gone against the trend.
Overall, domestic beauty brand performed well in this year's 618 promotion, especially in interest-based e-commerce platforms such as Douyin, which poses a strong competitive advantage. With the help of product strength and efficient marketing, some domestic brands have been able to rank higher than international brands, and their market competitiveness continues to consolidate. We are bullish on the rapid development of high-quality domestic beauty brands.
Chinese Equity Market Shows Momentum to Return Cash to Shareholders
0910 GMT - The Chinese equity market's momentum to return cash to shareholders looks promising, Goldman Sachs analysts say in a research note. The strong policy push by regulators could further encour