InvestorsKeyhole Upgrades & Downgrades

JD.com upgraded to buy

Analysts at MKM Partners upgraded JD.com, Inc. (JD) to “buy” from “neutral”. The firm has a $51 price target on the stock.

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About JD.com Inc.

JD.com is China's second-largest e-commerce company after Alibaba in terms of transaction volume, offering a wide selection of authentic products at competitive prices, with speedy and reliable delivery. The company has built its own nationwide fulfilment infrastructure and last-mile delivery network, staffed by its own employees, which supports both its online direct sales and its online marketplace businesses. JD.com launched its online marketplace business in 2010.

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