Alibaba (BABA) May volatility increases to 63 into Q4 and outlook

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Alibaba (BABA) PT Raised to $155 at MKM Partners; 'We Expect Strong March Results & Outlook''

May 16, 2017 10:30 AM EDT

MKM Partners raised its price target on Alibaba (NYSE: BABA) to $155.00 (from $130.00) while maintaining a Buy rating, ahead of the company's fourth quarter earnings on May 18th before the market open.

Analyst Rob Sanderson notes expectations for positive results fueled by solid GMV growth and... More