Fintel reports that on March 20, 2025, JP Morgan downgraded their outlook for ZTO Express (NYSE:ZTO) from Overweight to Neutral. Analyst Price Forecast Suggests 31.49% Upside As of March 19, 2025, the ...

I maintain a Hold rating for ZTO Express, following an evaluation of its outlook for the short term and long run. ZTOEF's ambitious volume growth target will likely be a drag on its '25 margins.