Alibaba (BABA) Builds $153 Million Stake in zulily (ZU)

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MKM Partners Affirms Alibaba (BABA) at 'Buy' Following Q1 Results; Sees as 'Must-Own' Stock

May 12, 2015 12:16 PM EDT

MKM Partners maintains a Buy rating on Alibaba (NYSE: BABA), with a price target of $115 following solid March quarter results. Monthly mobile users grew 77% to 289mn. This is equal to the entire Internet user population in the U.S. BABA reported non-GAAP EPS of... More