Alibaba gets more bang for its buck as revenue growth tops forecasts
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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.
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Alibaba (BABA) PT Raised to $92 at Summit Research Amid Strong Q2
October 27, 2015 10:14 AM EDTSummit Research analyst Henry Guo reiterated a Buy rating and boosted his price target on Alibaba (NYSE: BABA) to $92.00 (from $81.00) following strong September quarter results with revenue 4% above the Street and beating consensus on the bottom-line by three cents, despite aggressive... More
Yahoo! (YHOO) Gains as Alibaba (BABA) Tops Views
October 27, 2015 6:52 AM EDTYahoo! (NASDAQ: YHOO) is trading up 4.8% following strong quarterly results from Alibaba (NYSE: BABA) this morning. Shares of BABA are up 8%.
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