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DBS Remains a Buy on JD.com, Inc. Class A (9618)

Tipranks - Tipranks - Thu Apr 16, 2:46AM CDT

DBS analyst Andy Yu CFA maintained a Buy rating on JD.com, Inc. Class A today and set a price target of HK$141.00.

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Yu CFA covers the Technology sector, focusing on stocks such as VNET Group, Inc. Sponsored ADR, GDS Holdings Ltd., and Intuit. According to TipRanks, Yu CFA has an average return of -3.6% and a 30.63% success rate on recommended stocks.

JD.com, Inc. Class A has an analyst consensus of Strong Buy, with a price target consensus of HK$143.27.

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Based on JD.com, Inc. Class A’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of HK$298.97 billion and a net profit of HK$5.28 billion. In comparison, last year the company earned a revenue of HK$260.39 billion and had a net profit of HK$11.73 billion

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