Alibaba Group Announces March Quarter 2016 and Full Fiscal Year 2016 Results

Brean Capital Raises Price Target on Alibaba (BABA) Following Mixed 4Q

Brean Capital reiterated a Buy rating on Alibaba (NYSE: BABA), and raised the price target to $100.00 (from $96.00), following the company's 4Q earnings report. Revenue came in at RMB 24.2bn (+39% YoY), exceeding consensus estimates of RMB 23.2bn. The upside was largely driven by stronger-than-expected revenue growth in core China retail marketplaces. Adjusted EPS came in at $0.47, trailing... More

Baird Remains Bullish on Alibaba (BABA) Following F4Q

Baird reiterated an Outperform rating and $94.00 price target on Alibaba (NYSE: BABA) following the company's 4Q earnings report. Revenue and EBITDA of ¥24.2 billion and ¥11.5 billion were above consensus of ¥23.2 billion and ¥11.1 billion, respectively, driven primarily by continued improvements in user engagement and monetization rates of... More

Alibaba (BABA) PT Lifted to $105 by RBC's Mahaney Following 'Clean' Beat

RBC Capital analyst Mark Mahaney reiterated an Outperform rating and boosted his price target on Alibaba (NYSE: BABA) to $105.00 (from $89.00) following a 'clean' Q1 beat.

"BABA posted strong March Qtr results that beat the Street on GMV, Revenue & EBITDA," Mahaney commented. "Most key China Retail... More

Alibaba's (BABA) Price Target Boosted to $110 at Deutsche Bank

Deutsche Bank maintained a Buy rating on Alibaba (NYSE: BABA) and a modified price target of $110.00 (prior $109.00). Comments follow the release of strong Q1 results. Analyst Alan Hellawell said concerns about margin were misplaced, and he called cloud expansion "encouraging."

"Alibaba delivered a solid March quarter with total GMV of RMB742bn, in line with DBe. Blended take-rate improved to... More