Alibaba's (BABA) Price Target Boosted to $110 at Deutsche Bank
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May 6, 2016 10:15 AM EDT
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
May 5, 2016 3:30 PM EDT
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
May 5, 2016 3:25 PM EDT
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
May 5, 2016 6:56 AM EDT
Alibaba (NYSE: BABA) reported Q4 EPS of RMB3.02, RMB0.50 worse than the analyst estimate of RMB3.52. Revenue for the quarter came in at RMB24.2 billion versus the consensus estimate of RMB23.2 billion.
Annual active buyers on our China retail marketplaces increased to...
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