Alibaba (BABA) Plans Investment in SnapChat at $15B Valuation - Bloomberg

Go back to Alibaba (BABA) Plans Investment in SnapChat at $15B Valuation - Bloomberg

Alibaba (BABA) Buy Rating Maintained at Deutsche Bank

March 12, 2015 7:02 AM EDT

Deutsche Bank maintained a Buy rating on Alibaba (NYSE: BABA) but lowered its price target to $98.00 (from $105.10). The change follows meeting with management. Despite near-term challenges, management has confidence long term, said analyst Alan Hellawell III.

"We have had several... More