Wall Street Analysts See a 28.75% Upside in JD.com (JD): Can the Stock Really Move This High?

JD.com, Inc. (JD) closed the last trading session at $41.12, gaining 2.2% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of$ 52.94 indicates a 28.8% upside potential. The mean estimate comprises 18 short-term price targets with a standard deviation of $6.96. While the lowest estimate of$ 41 indicates a 0.3% decline from the current price level, the most optimistic analyst expects the ...