JD.com Inc. (NASDAQ:JD) Stock: Thought Concerns

JP Morgan raised the price target for the JD.com Inc. (NASDAQ:JD) stock from ‘an Underweight’ to ‘a Neutral’. The rating was released on May 16, 2023, according to finviz. We previously noted in another research note published on March 14, 2023 by JP Morgan that downgraded the stock from an Overweight to an Underweight with a price target of $35 for JD stock. The research report from Atlantic Equities has initiated the stock to Overweight, with a price target set at $100. The stock was resumed by Macquarie, who disclosed in a research note on December 07, 2021, to Outperform and set the price objective to $112.