Vipshop’s Stable Growth and Neutral Outlook Amid External Uncertainties
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Alicia Yap from Citi maintains a Hold rating on Vipshop with a $21.00 price target, citing stable growth and neutral outlook amid external uncertainties. Despite exceeding Q3 expectations and aligning Q4 guidance with market predictions, the expected total return is 10%, reflecting a neutral stance. Positive factors include organizational restructuring and AI use, but external factors like weather trends contribute to the Hold rating.
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