Zacks Investment Research upgraded shares of VIPSHOP HOLDNGS (VIPS) from NEUTRAL to OUTPERFORM on March 05, 2013, with a target price of $29.20.
Vipshop Holdings Ltd. is an online discount retailer for brands. The Company offers branded products to consumers in China through flash sales on its vipshop.com website. It offers a wide selection of various famous branded discount products including apparel for women, men and children, fashion goods, cosmetics, home goods and other lifestyle products, through its website. Vipshop Holdings Ltd. is headquartered in Guangzhou.
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