Morgan Stanley Sees JD.com Beating Estimates--But Won't Turn So Bullish Yet

By Yahoo! Finance   |   1 day ago
Morgan Stanley Sees JD.com Beating Estimates--But Won't Turn So Bullish Yet

JD.com is anticipated to exceed revenue and profit expectations due to its successful trade-in program. Morgan Stanley predicts a 10.5% revenue increase and 22% rise in non-GAAP net profit. However, analysts remain cautious about long-term prospects until consumer sentiment improves.

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