Barclays analyst Jiong Shao raised the firm’s price target on Vipshop (VIPS) to $20 from $19 and keeps an Overweight rating on the shares. The company beat Q4 estimates and management sounded positive for Q1 and beyond, the analyst tells investors in a research note. The firm says “green shoots” are emerging for Vipshop.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VIPS:
- Vipshop Holdings Reports 2024 Financial Results
- Vipshop Earnings Call: Growth Amidst Revenue Decline
- Morning Movers: Bluebird Bio shares tumble following take-private deal
- Vipshop Reports 2024 Financial Results with Strategic Growth Focus
- Options Volatility and Implied Earnings Moves Today, February 21, 2025