JPMorgan analyst Andre Chang upgraded Baozun to Overweight from Neutral with a price target of $10, up from $9. The analyst does not see much upside potential to management’s Q4 guidance but says it is time for the shares to "catch up."
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on BZUN:
- China stocks rising with borders set to reopen on January 8
- PCAOB chair ‘applauds’ Congressional action to shorten HFCAA timeline
- China seen cutting quarantine for inbound overseas travelers, Global Times says
- Baozun price target lowered to $6.60 from $8.30 at Citi
- Baozun reports Q3 EPS (3c), consensus 3c
