MKM Explains Its Upside Call on Alibaba (BABA) Ahead of Q2 Print
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RBC Capital Raises Price Target on Alibaba (BABA) to $95 Following 2Q Beat
October 27, 2015 4:09 PM EDTRBC Capital reiterated an Outperform rating on Alibaba (NYSE: BABA), and raised the price target to $95.00 (from $80.00), following the company's 2Q16 earnings results. Non-GAAP EPS of 3.63 RMB beat Street estimates of 3.43 RMB. Revenue of 22.2B RMB beat Street views of 21.3B RMB.
Analyst... More
Alibaba (BABA) May Report In-Line Sept. Quarter or Minor Beat, Says Deutsche Bank
October 22, 2015 11:19 AM EDTDeutsche Bank maintained a Buy rating on Alibaba (NYSE: BABA) with a price target of $85. Analyst Alan Hellawell III expects an in-line to minor beat when it reports Q2 earnings on October 27. He also discussed Singles' Day.
"With analysts largely having absorbed downward GMV revisions as a result of consumption trends and competition, monetization initiatives around mobile and PC serve to reinforce... More
