JD.com placed on ‘Positive Catalyst Watch’ at JPMorgan

JPMorgan analyst Andre Chang placed JD.com (JD) on “Positive Catalyst Watch” into the company’s Q4 report. The firm sees upside risk to Q4 estimates and JD’s 2025 guidance, expected in mid-March. JD’s revenue growth will see a better than expected boost from trade-in policies, and its margins will be more resilient than expected due to its investment discipline, the analyst tells investors in a research note. JPMorgan keeps an Overweight rating on the shares with a $50 price target