ZTO Express (ZTO) shares fell Thursday after JPMorgan downgraded the stock to neutral from overweight and lowered its price target to $23 from $25.
The shares were down about 7% in recent trading after falling as much as 8% earlier. Trading volume stood at over 2.9 million shares against a daily average of about 2.6 million.
Price: 20.21, Change: -1.55, Percent Change: -7.12