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Analyst: China's A Big Enough Sandbox For Both Alibaba And JD.Com To Play In
Wednesday, August 23, 2017 - 2:32pm | 370While Alibaba Group Holding Ltd (NYSE: BABA) might be leading the Chinese e-commerce sector, there’s room for two, according to MKM Partners. The firm upgraded JD.Com Inc (ADR) (NASDAQ: JD) from Neutral to Buy and raised its price target from $33 to $51 Wednesday. JD has “pulled back...