UBS Upgrades Vipshop Holdings (VIPS) to 'Buy'
On May 23, 2026, UBS upgraded its rating for Vipshop Holdings Limited (NYSE:VIPS) from Neutral to Buy with a revised price target of $18.50. The upgrade was based on the company's strong earnings quality and shareholder returns despite near-term growth pressures due to muted consumption and intense e-commerce competition.