Quick overview

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Bank of America stock analysts lowered their price target for JD.com from $44 to $37 in a research note sent to investors on Monday.

A change in JD.com’s financial outlook is reflected in this adjustment, which could influence market performance and investor sentiment.

The recent decline in JD.com’s stock can largely be attributed to the shift in the price target, indicating a more cautious outlook for the company’s future. The stock dropped today to its lowest point since September 2024, which will have complex and multi-faceted effects on JD.com (JD) stock movements in the coming weeks and months.

The stock may continue to decline after reaching a new low as market participants react to the news.

Further declines could occur, especially if there is a significant selling volume at the low. Mizuho lowered its target price for JD.com shares from $50 to $48 and assigned an “outperform” rating. On Friday, May 30, Wall Street Zen downgraded JD.com from a “buy” rating to a “hold” rating.

Arete changed the rating from “buy” to “neutral” and set a target price of $45.00 for Tuesday, June 24, in a research report.

Benchmark lowered its price target from $58 to $53 and assigned a “buy” rating. Nine research analysts have given a “buy” rating, one has given a “strong buy”, and six have provided a “hold” rating. JD.com currently has an average rating of “Moderate Buy” with an average target price of $44.46, according to MarketBeat.com.