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    Dingdong Ltd upgraded by JP Morgan with a new price target

    5/16/22 7:17:35 AM ET
    $DDL
    Catalog/Specialty Distribution
    Consumer Discretionary
    Get the next $DDL alert in real time by email
    JP Morgan upgraded Dingdong Ltd from Underweight to Overweight and set a new price target of $7.00 from $2.50 previously
    Get the next $DDL alert in real time by email

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    Recent Analyst Ratings for
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    DatePrice TargetRatingAnalyst
    8/1/2023$7.50 → $2.80Buy → Neutral
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    5/16/2022$2.50 → $7.00Underweight → Overweight
    JP Morgan
    3/21/2022$10.00 → $4.20Overweight → Underweight
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    • Dingdong (Cayman) Limited Announces First Quarter 2025 Financial Results

      SHANGHAI, May 16, 2025 /PRNewswire/ -- Dingdong (Cayman) Limited ("Dingdong" or the "Company") (NYSE: DDL), a leading fresh grocery e-commerce company in China, with advanced supply chain capabilities, today announced its unaudited financial results for the quarter ended March 31, 2025. First Quarter 2025 Highlights:  GMV for the first quarter of 2025 increased by 7.9% year over year to RMB5,960.7 million (US$821.4 million) from RMB5,525.1 million in the same quarter of 2024, positive year-on-year growth for five straight quarters.Total number of orders increased by 12.1% year over year in the first quarter of 2025.Non-GAAP net income for the first quarter of 2025 was RMB30.3 million (US$4.

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