Wedbush Raises Price Target on Alibaba (BABA) to $90 Following 1Q

RBC Capital Reiterates Outperform on Alibaba (BABA) Following Strong 1Q Results

August 12, 2016 10:20 AM EDT

RBC Capital reiterated an Outperform rating on Alibaba (NYSE: BABA), and raised the price target to $110.00 (from $105.00), following the company's 1Q earnings report. BABA reported revenues of 32.15B RMB, beating the Street's 30.0B estimate. Non-GAAP EPS of 4.90 RMB also beat the Street at 4.56 RMB.... More

Brean Capital Raises Price Target on Alibaba (BABA) to $115 on Strong 1Q Results

August 12, 2016 9:49 AM EDT

Brean Capital reiterated a Buy rating on Alibaba (NYSE: BABA), and raised the price target to $115.00 (from $100.00), following the company's 1Q earnings report. Revenue came in at RMB 32.2bn, exceeding consensus estimates of RMB 30.1bn. Adjusted EPS came in at $0.74, exceeding consensus of $0.62 on operating leverage from higher core ecommerce revenue.

Analyst Fawne Jiang commented, "BABA reported strong FY1Q17... More

Oppenheimer Raises price Target on Alibaba (BABA) to $115 Following 1Q

August 12, 2016 9:38 AM EDT

Oppenheimer reiterated an Outperform rating on Alibaba (NYSE: BABA), and raised the price target to $115.00 (from $110.00), following the company's 1Q earnings report.

Analyst Jason Helfstein commented, "Raising price target from $110 to $115 on extraordinary F1Q:17 results, with GMV/ revenue/EBITDA exceeding consensus by... More

Alibaba (BABA) PT Raised to $110 at Evercore ISI

August 12, 2016 7:16 AM EDT

Evercore ISI raised its price target on Alibaba (NYSE: BABA) to $110.00 (from $98.00) following "very solid" June quarter results.

The firm commented, "Alibaba impressed with another quarter of accelerated revenues on strong margins and user metrics while detailing the new segment... More

Macquarie Upgrades Alibaba (BABA) to Outperform

August 12, 2016 7:13 AM EDT

Macquarie upgraded Alibaba (NYSE: BABA) from Neutral to Outperform with a price target of $110.00 (from $76.00).

For an analyst ratings summary and ratings history on Alibaba click here. For more ratings news on Alibaba click here.

Shares of Alibaba closed at $91.77 yesterday.

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Raymond James Upgrades Alibaba (BABA) to Strong Buy

August 12, 2016 7:12 AM EDT

Raymond James upgraded Alibaba (NYSE: BABA) from Outperform to Strong Buy with a price target of $124.00 (from $95.00).

For an analyst ratings summary and ratings history on Alibaba click here. For more ratings news on Alibaba click here.

Shares of Alibaba closed at $91.77 yesterday.

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Alibaba (BABA): All Metrics Above Consensus; Raising PT - Needham

August 12, 2016 6:54 AM EDT

Needham & Company analyst, Kerry Rice, reiterated his Buy rating on shares of Alibaba (NYSE: BABA) after reporting strong June quarter results with all metrics above consensus estimates. The analyst is encouraged that the company has transitioned to a mobile-first platform, with nearly... More

Goldman Sachs Adds Alibaba (BABA) to Conviction Buy List

August 12, 2016 6:38 AM EDT

(Updated - August 12, 2016 8:20 AM EDT)

Goldman Sachs upgraded Alibaba (NYSE: BABA) from Buy to Conviction Buy with a price target of $120.00 (from $104.00), implying upside of 31%. Analyst Piyush Mubayi noted better than expected Q1 results, and he expects continued top line growth.

"We add BABA to the Conviction List following better than expected 1QFY17 results, an even... More

Alibaba (BABA): The Flywheel Starts To Spin - Suntrust

August 12, 2016 6:26 AM EDT

SunTrust Robinson Humphrey analyst, Bob Peck, reiterated his Buy rating on shares of Alibaba (NYSE: BABA) and raised his price target to $110.00 from $90.00 after the company reported a strong quarter and increased its financial disclosure.

Three key points for investors: 1) revenue growth accelerated,... More

Notable 52-Week Highs and Lows 8/11: (BABA) (YHOO) (SSRI) High; (FLO) (AVGR) (SHLM) Low

August 11, 2016 3:30 PM EDT

52-Week High:Alibaba (NYSE: BABA) $92.80. Alibaba reported Q1 EPS of RMB4.90, versus analyst estimate of RMB4.20. Revenue for the quarter came in at RMB32.2 billion versus the consensus estimate of RMB30.2 billion.

Yahoo! Inc. (Nasdaq: YHOO) $41.72. Yahoo! gaining on the back of Alibaba's quarterly... More

Alibaba (BABA) PT Raised to $104 at Baird Amid 'Impressive Growth'

August 11, 2016 1:44 PM EDT

Baird analyst Colin Sebastian reiterated an Outperform rating and raised his price target on Alibaba (NYSE: BABA) to $104.00 (from $94.00), noting impressive growth driven by commerce strength, Cloud momentum.

Sebastian commented, "F1Q17 performance highlighted by accelerating revenue growth(+59% Y/Y vs. +31% F4Q16; +47%... More

Pre-Open Stock Movers 08/11: (KURA) (M) (KSS) Higher; (AVGR) (AMRN) (SHAK) Lower (more...)

August 11, 2016 9:31 AM EDT

Today's Pre-Open Stock Movers

Kura Oncology (NASDAQ: KURA) 47.9% HIGHER; In the companys Phase 2 trial of tipifarnib in HRAS mutant solid tumors, positive clinical activity, including objective responses, has been observed in patients with head and neck squamous cell carcinomas and patients with salivary gland cancer. Based on these responses, enrollment will be expanded to an additional seven patients.

Avinger, Inc. (Nasdaq: AVGR) 17%... More

Yahoo! (YHOO) Gains on Alibaba's Post EPS Move Higher

August 11, 2016 8:51 AM EDT

Yahoo! (NASDAQ: YHOO) is gaining 4.7% in early trade related to the big move in Alibaba (NYSE: BABA) after it reported solid earnings. YHOO owns a huge stake in BABA.

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Arianna Huffington to leave Huffington Post to focus on start-up

August 11, 2016 8:16 AM EDT

By Malathi Nayak

(Reuters) - Huffington Post co-founder Arianna Huffington said on Thursday she would step down as editor-in-chief of the news site that bears her name to focus on running her new venture, health and wellness startup Thrive Global.

Huffington said on Twitter that she thought the Huffington Post, which made its debut in 2005, would be "my last act" but now wanted to concentrate on the new venture.

"Thrive Global's mission is to change the way we work & live by ending the collective delusion that burnout is a necessary price for success," she tweeted.

In... More

Three major indexes end at records for first time since 1999

August 11, 2016 7:32 AM EDT

By Noel Randewich

(Reuters) - All three major U.S. stock indexes closed at record highs on Thursday for the first time since 1999 as surging oil prices and strong earnings from department stores Macy's and Kohl's buoyed investor sentiment.

It was the first time since Dec. 31, 1999 that the S&P 500, Dow Jones industrial average and Nasdaq had closed at record highs on the same day, according to Bespoke Investment Group.

Crude oil jumped as much as 5 percent on comments from the Saudi oil minister about potential action to stabilize prices and an International Energy Agency... More

Alibaba passes earnings milestones, silent on SEC probe

August 11, 2016 7:11 AM EDT

By Rishika Sadam and Paul Carsten

BENGALURU/BEIJING (Reuters) - China's Alibaba Group Holding Ltd (NYSE: BABA) posted its best revenue growth since before the e-commerce titan's listing in late 2014, lifting its shares to their highest level in a year.

But Alibaba was silent on the U.S. Securities and Exchange Commission (SEC) investigation into its accounting practices, which have long been the subject of criticism.

In the three months to June 30, Alibaba also made more money from mobile shopping than from PCs for the first time, helping... More

Alibaba (BABA) Posts Q1 Profit of RMB 4.90/Share, Topping Views

August 11, 2016 6:55 AM EDT

Alibaba (NYSE: BABA) reported Q1 EPS of RMB4.90, RMB0.70 better than the analyst estimate of RMB4.20. Revenue for the quarter came in at RMB32.2 billion versus the consensus estimate of RMB30.2 billion.

Mobile MAUs in June reached 427 million,... More

Trading Radar for 8/11: NVIDIA (NVDA), Macy's (M), Himax (HIMX), Nordstrom (JWN), voxeljet (VJET) Report

August 10, 2016 3:09 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
8:30am EDT

Initial Claims - Street sees 266kContinuing Claims - no Street consensusExport Prices ex. ag - no Street consensusImport Prices ex. oil - no Street consensus

Earnings:

AIXTRON SE (Nasdaq: AIXG) - consensus loss $0.11
Akers Biosciences (Nasdaq: AKER) - no Street consensus
Alibaba (Nasdaq: BABA) - consensus EPS $0.63
American DG Energy (Nasdaq:... More

Alibaba (BABA) volatility increases on more calls than puts into Q2 and outlook

August 10, 2016 2:21 PM EDT

Alibaba (NYSE: BABA) August weekly call option implied volatility is at 65, August is at 38, September is at 26; compared to its 52-week range of 25 to 56 into the expected release of Q2 on August 11.

... More