Morgan Stanley released a research report forecasting JD.com (JD.US) to post double-digit revenue and net profit growth in 1Q25, primarily due to the expansion of its “trade-in” programs into smartphones and other electronics categories. For 2Q25, while JD.com's revenue growth momentum is expected to continue, its earnings base may be more difficult to maintain.Related NewsCMBI Expects JD-SW 1Q25 Rev. to Add 12.2% YoY, Less Impacted by Potential TariffsTherefore, the broker rated JD.com at Equalweight, with a target price of US$41.(Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)