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Alibaba (BABA) Score Raised at Triton Research Ahead of IPO

September 10, 2014 11:42 AM EDT
Get Alerts BABA Hot Sheet
Price: $72.63 +2.76%

Rating Summary:
    33 Buy, 8 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 15 | Down: 11 | New: 13
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Triton Research boosted its score on the upcoming IPO for Alibaba (NYSE: BABA) from 7.0 to 7.1, which is considerably higher than the firm's 6.55 average score.

The update follows the the Company's S-1 Amendment on September 5, 2014. Alibaba plans to sell ~320mn ADS and sees an offering price of $60-$66 per share.

The firm lists the Bull Case and Bear Case for Alibaba below:

Alibaba is expected to price its IPO on September 18th, with shares opening for trading on September 19th.

Triton Research’s has a 114 page report on Alibaba available to clients.



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Analyst Comments, IPOs

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S1, IPO