JP Morgan Downgrades ZTO Express (Cayman) to Neutral, Lowers Price Target to $22
JP Morgan analyst Lin Chen downgrades ZTO Express (Cayman) (NYSE:ZTO) from Overweight to Neutral and lowers the price target from $29 to $22.
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ZTO Express (Cayman) (NYSE:ZTO) reported quarterly earnings of $0.56 per share. This is a 60 percent increase over earnings of $0.35 per share from the same period last year. The company reported $2.144 billion in
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JP Morgan analyst Lin Chen downgrades ZTO Express (Cayman) (NYSE:ZTO) from Overweight to Neutral and lowers the price target from $29 to $22.