China's JD.com net loss widens on higher marketing costs
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Alibaba (BABA) PT Raised to $180 at Stifel Ahead of 1Q Release
August 15, 2017 7:31 AM EDTStifel raised its price target on Alibaba (NYSE: BABA) to $180.00 (from $165.00) while maintaining a Buy rating ahead of the company's 1Q18 earnings report. Stifel raised estimates ahead of the report, reflecting continued momentum in the quarter. New revenue estimates of $7.28B, up 56% y/y,... More
JD.com, Inc (JD) PT Raised to $55 at Nomura/Instinet; Reiterates Buy
August 15, 2017 7:10 AM EDTNomura/Instinet raised its price target on JD.com, Inc (NASDAQ: JD) to $55.00 (from $46.00) while maintaining a Buy rating following the company's 2Q. JD's top line of CNY93.2nm beat the consensus estimates by 4%. NON-GAAP operating came in at 0.6%, mainly due to... More
