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Alibaba (BABA) PT Raised to $135 at Cantor Fitzgerald; Reiterates Overweight
May 19, 2017 7:35 AM EDTCantor Fitzgerald raised its price target on Alibaba (NYSE: BABA) to $135.00 (from $120.00) while maintaining a Overweight rating. 4Q revenue was reported at $5,605M compared to the FactSet consensus of $5,233M. EBITDA was $2,411M vs. consensus of $2,271M. Adjusted EPS of $0.63 missed consensus of $0.66 on... More
