FAP, May 25-Xiaomo is optimistic about the potential upside of VIPSHOP, raising VIPSHOP's rating to "overweight" and raising the target price from $16 to $18.

FAP, May 25-Xiaomo is optimistic about the potential upside of VIPSHOP, raising VIPSHOP's rating to "overweight" and raising the target price from $16 to $18.