Alibaba (BABA) volatility increases on call put ratio of 3 calls to 1 put into Q2 and outlook

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Alibaba (BABA) PT Raised to $180 at Stifel Ahead of 1Q Release

August 15, 2017 7:31 AM EDT

Stifel 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