Alibaba trims sales estimates as China economy slows
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Cantor Fitzgerald Cuts Price Target on Alibaba (BABA) Following Investor Conference
September 9, 2015 7:30 AM EDTCantor Fitzgerald maintained a Buy rating on Alibaba (NYSE: BABA), and cut the price target to $88.00 (from $95.00), following an investor conference. Comments made by the company indicated that GMV growth is seeing negative impact on consumer spending as a result of ongoing macro weakness in... More
