Benchmark Recommends Holding onto JD.com Stock as GMV Concerns Linger
Friday, 12 July 2024, 08:36
Benchmark Sticks with Buy Rating for JD.com Stock
GMV Growth Concerns Persist
Market analysts at Benchmark have opted to maintain their positive outlook on JD.com stock, signaling confidence in the company's fundamentals in spite of lingering doubts about GMV expansion.
- In a recent report, Benchmark reaffirmed its Buy rating on JD.com shares.
- The decision reflects the firm's belief in the resilience and potential of the e-commerce giant.
The news comes amidst heightened market volatility and increasing uncertainty regarding ecommerce sector performance.
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