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J.P. Morgan released its investment report today to reduce its stock rating

Summary: Check the latest quotes Beijing time, August 30 Evening News, JPMorgan announced its investment report today, the Dangdang (Nyse:dang) share rating from neutral to reduced to reduce the target price from 4.30 U.S. dollars to 6.50 U.S. dollars. The following is a summary of the report: see the latest quotes Beijing time August 30 Evening News, JPMorgan released its investment report today, the Dangdang (Nyse:dang) stock rating from "neutral" to reduce ...

Dangdang stock rating from neutral to reduced to reduce the target price from 4.30 U.S. dollars to 6.50 U.S. dollars

J.P. Morgan released its investment report today, Nyse:dang Dangdang's stock rating from "neutral" to "reduced", bringing its target share price from $4.30 to $6.50. The following is a summary of the report: we will increase the target share price from USD 4.30 to $6.50 when the stock rating is lowered to "reduce".   We believe that competition with other e-commerce platforms, as well as competition in the vertical market will become the main challenge and risk for the next 12 months. Profit margin: In the last two quarters, ...

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