JP Morgan Reaffirms a Overweight Rating on JD.com (JD) and $50 Target; Model N (MODN) Has 2.39 Sentiment

November 15, 2017 - By Louis Casey

Among 21 analysts covering JD.com (NASDAQ:JD), 16 have Buy rating, 0 Sell and 5 Hold. Therefore 76% are positive. JD.com has $5500 highest and $21 lowest target. $38.90’s average target is 1.04% above currents $38.5 stock price. JD.com had 40 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was maintained by Jefferies on Tuesday, October 3 with “Buy”. The stock has “Buy” rating by Goldman Sachs on Friday, November 6. The rating was upgraded by Nomura to “Buy” on Friday, January 22. On Tuesday, August 22 the stock rating was maintained by Jefferies with “Buy”. The stock of JD.Com Inc(ADR) (NASDAQ:JD) earned “Neutral” rating by Bank of America on Thursday, August 11. The firm earned “Buy” rating on Tuesday, November 10 by HSBC. The stock has “Buy” rating by Jefferies on Monday, July 17. The firm has “Neutral” rating by JP Morgan given on Wednesday, August 31. The stock has “Buy” rating by UBS on Monday, October 30. The rating was maintained by KeyBanc Capital Markets with “Buy” on Thursday, October 19.

Model N, Inc. is a provider of revenue management solutions for life science and technology companies. The company has market cap of $420.39 million. The Company’s solutions enable its clients to maximize revenues and reduce revenue compliance risk by transforming their revenue life cycle from a series of tactical, disjointed activities into a strategic end-to-end process. It currently has negative earnings. The Company’s solutions include Revenue Enterprise Cloud, Revenue Intelligence Cloud and Revvy Revenue Management.

It closed at $14.45 lastly. It is down 18.66% since November 15, 2016 and is uptrending. It has outperformed by 1.96% the S&P500.

Ratings analysis reveals 33% of Model N’s analysts are positive. Out of 3 Wall Street analysts rating Model N, 1 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. MODN was included in 3 notes of analysts from November 11, 2016. Stifel Nicolaus maintained the shares of MODN in report on Wednesday, November 16 with “Hold” rating. The stock of Model N Inc (NYSE:MODN) earned “Hold” rating by Craig Hallum on Tuesday, December 13. JP Morgan upgraded the stock to “Overweight” rating in Friday, November 11 report.

Analysts await Model N Inc (NYSE:MODN) to report earnings on February, 5. They expect $-0.18 earnings per share, up 14.29% or $0.03 from last year’s $-0.21 per share. After $-0.18 actual earnings per share reported by Model N Inc for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Trigran Investments Inc. holds 2.92% of its portfolio in Model N Inc for 856,612 shares. Golden Gate Private Equity Inc. owns 356,819 shares or 2.43% of their US portfolio. Moreover, Rgm Capital Llc has 2.26% invested in the company for 1.67 million shares. The New York-based Cooper Creek Partners Management Llc has invested 2.01% in the stock. First Light Asset Management Llc, a Minnesota-based fund reported 423,211 shares.

JD.com, Inc. is an online direct sales company. The company has market cap of $55.37 billion. The Firm engages in the sale of electronics and home appliance products and general merchandise products sourced from manufacturers, distributors and publishers in China on the Internet through its Website, www.jd.com. It currently has negative earnings. It also offers an online marketplace that enables third-party sellers to sell their products to clients on the Company’s Website.

About 116,212 shares traded. JD.Com Inc(ADR) (NASDAQ:JD) has risen 77.67% since November 15, 2016 and is uptrending. It has outperformed by 60.97% the S&P500.

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