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UOB Kay Hian Sticks to Their Buy Rating for JD.com, Inc. Class A (9618)

Tipranks - Tipranks - Fri Jan 16, 5:52AM CST

UOB Kay Hian analyst Julia Pan maintained a Buy rating on JD.com, Inc. Class A today and set a price target of HK$155.00.

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Pan covers the Consumer Cyclical sector, focusing on stocks such as Alibaba Group Holding Ltd., Meituan, and JD.com, Inc. Class A. According to TipRanks, Pan has an average return of 11.3% and a 53.85% success rate on recommended stocks.

In a report released yesterday, DBS also maintained a Buy rating on the stock with a HK$150.00 price target.

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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$299.06 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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