Stocks retreat ahead of Apple, Fed; oil drop continues
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- Wall Street ends higher as SpaceX's market debut dominates
- SpaceX prices historic IPO at $135/share in largest ever new listing
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
- UBS cuts gold price forecasts on delayed Fed easing outlook
- Brent falls to lowest since March on expected peace deal
- NASDAQ adds five companies to NASDAQ-100 index in quarterly rebalance
- Super Micro Computer establishes $1.25 billion stock sale agreement
- Wall Street ends higher as SpaceX's market debut dominates
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
- SpaceX Shares Indicated To Open At $155
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.
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