Analysts Offer Insights on Consumer Cyclical Companies: Vipshop (VIPS) and REE Automotive (REE)

Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Vipshop (VIPS – Research Report) and REE Automotive (REE – Research Report).

Vipshop (VIPS)

Bank of America Securities analyst Joyce Ju reiterated a Buy rating on Vipshop today and set a price target of $18.00. The company’s shares closed last Wednesday at $16.46.

According to TipRanks.com, Ju is a 2-star analyst with an average return of 0.5% and a 43.4% success rate. Ju covers the NA sector, focusing on stocks such as Trip.com Group Ltd. Sponsored ADR, ATRenew Inc. Sponsored ADR, and PDD Holdings.

Vipshop has an analyst consensus of Strong Buy, with a price target consensus of $22.67.

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Read More on VIPS:

• Vipshop price target raised to $29 from $19 at Benchmark
• VIPS Earnings: Vipshop Soars on Impressive Q4 Performance
• Vipshop sees Q1 revenue flat to up 5%, consensus $4.03B
• Vipshop reports Q4 EPS 82c, consensus 71c
• VIPS Earnings Report this Week: Is It a Buy, Ahead of Earnings?