tiprankstipranks
Trending News
More News >

JD.com price target lowered to $39 from $41 at Morgan Stanley

Morgan Stanley analyst Eddy Wang lowered the firm’s price target on JD.com (JD) to $39 from $41 and keeps an Equal Weight rating on the shares. The firm notes JD.com’s raise in guidance for 2025 group and JDR revenue and earnings growth to double digits year-over-year is a positive stock catalyst. However, no guidance for losses in its food delivery business is likely to lead to further earnings estimate downgrades in the remainder of 2025, Morgan Stanley argues.

Confident Investing Starts Here:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue