Goldman Sachs Adds Alibaba (BABA) to Conviction Buy List
- Nasdaq, S&P tumble as Netflix, chip stocks drag; AmEx boosts Dow
- Sony/Apollo bid for Paramount could be worth as much as $29 billion - Source
- Netflix Q1 earnings top estimates on blowout subscriber growth
- Nasdaq tumbles, Treasuries dip amid earnings, geopolitical crosscurrents
- Gold prices rally past $2,400 on reports of Israel strikes on Iran
- Tritium DCFC Limited (DCFC): Three Australian subsidiaries were determined to be insolvent or likely to become insolvent
- Hasbro (HAS) Announces Resignation of Cynthia Williams, President of Wizards of the Coast and Hasbro Gaming
- Jabil falls after placing CEO on paid leave amid internal investigation
- Frontier Communications (FYBR) says third party had gained unauthorized access to portions of its information technology environment
- Ibotta (IBTA) Prices 6.56M Share IPO at $88/sh
- Midday movers: Netflix, Super Micro fall; Paramount Global gains
- After-hours movers: Netflix, Intuitive Surgical, Nordstrom, KB Home
- Midday movers: Tesla, Blackstone, Las Vegas Sands fall; DR Horton rises
- After-hours movers: Alcoa rises; Equifax and Las Vegas Sands fall
- Midday movers: Travelers, JB Hunt fall; United Airlines rises
RBC Capital Reiterates Outperform on Alibaba (BABA) Following Strong 1Q Results
August 12, 2016 10:20 AM EDTRBC Capital reiterated an Outperform rating on Alibaba (NYSE: BABA), and raised the price target to $110.00 (from $105.00), following the company's 1Q earnings report. BABA reported revenues of 32.15B RMB, beating the Street's 30.0B estimate. Non-GAAP EPS of 4.90 RMB also beat the Street at 4.56 RMB.... More
Brean Capital Raises Price Target on Alibaba (BABA) to $115 on Strong 1Q Results
August 12, 2016 9:49 AM EDTBrean Capital reiterated a Buy rating on Alibaba (NYSE: BABA), and raised the price target to $115.00 (from $100.00), following the company's 1Q earnings report. Revenue came in at RMB 32.2bn, exceeding consensus estimates of RMB 30.1bn. Adjusted EPS came in at $0.74, exceeding consensus of $0.62 on operating leverage from higher core ecommerce revenue.
Analyst Fawne Jiang commented, "BABA reported strong FY1Q17... More
Oppenheimer Raises price Target on Alibaba (BABA) to $115 Following 1Q
August 12, 2016 9:38 AM EDTOppenheimer reiterated an Outperform rating on Alibaba (NYSE: BABA), and raised the price target to $115.00 (from $110.00), following the company's 1Q earnings report.
Analyst Jason Helfstein commented, "Raising price target from $110 to $115 on extraordinary F1Q:17 results, with GMV/ revenue/EBITDA exceeding consensus by... More
Wedbush Raises Price Target on Alibaba (BABA) to $90 Following 1Q
August 12, 2016 8:44 AM EDTWedbush reiterated a Neutral rating on Alibaba (NYSE: BABA), and raised the price target to $90.00 (from $80.00), following the company's 1Q earnings report. Revenue grew to $4.84 billion and topped consensus of $4.54 billion. Adjusted EBITDA of $2.1 billion topped consensus of $2.0 billion on better-than-expected revenue.... More
Alibaba (BABA) PT Raised to $110 at Evercore ISI
August 12, 2016 7:16 AM EDTEvercore ISI raised its price target on Alibaba (NYSE: BABA) to $110.00 (from $98.00) following "very solid" June quarter results.
The firm commented, "Alibaba impressed with another quarter of accelerated revenues on strong margins and user metrics while detailing the new segment... More
Macquarie Upgrades Alibaba (BABA) to Outperform
August 12, 2016 7:13 AM EDTMacquarie upgraded Alibaba (NYSE: BABA) from Neutral to Outperform with a price target of $110.00 (from $76.00).
For an analyst ratings summary and ratings history on Alibaba click here. For more ratings news on Alibaba click here.
Shares of Alibaba closed at $91.77 yesterday.
... MoreRaymond James Upgrades Alibaba (BABA) to Strong Buy
August 12, 2016 7:12 AM EDTRaymond James upgraded Alibaba (NYSE: BABA) from Outperform to Strong Buy with a price target of $124.00 (from $95.00).
For an analyst ratings summary and ratings history on Alibaba click here. For more ratings news on Alibaba click here.
Shares of Alibaba closed at $91.77 yesterday.
... More