Alibaba (BABA) PT Lifted to $105 by RBC's Mahaney Following 'Clean' Beat
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Go back to Alibaba (BABA) PT Lifted to $105 by RBC's Mahaney Following 'Clean' Beat
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 2:30 PM EDT
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
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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