Tencent to boost AI after profit jumps on mobile games, WeChat
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Alibaba (BABA) PT Raised to $190 at Needham & Company Following Solid Quater
August 18, 2017 7:17 AM EDTNeedham & Company raised its price target on Alibaba (NYSE: BABA) to $190.00 (from $155.00) while maintaining a Buy rating following the company's 1Q18 results. Alibaba reported revenue and EBITDA exceeding expectations, driven primarily by strength in its Core Commerce and Cloud businesses. Revenue grew 56%... More
Alibaba (BABA) PT Raised to $205 at JPMorgan Following 1Q
August 18, 2017 7:01 AM EDTJPMorgan raised its price target on Alibaba (NYSE: BABA) to $205.00 (from $190.00) while maintaining a Overweight rating following the company's 1Q earnings release. BABA reported a 56% top-line growth, as-well-as 62% EPS growth. Analyst Alex Yao believes that Alibabas solid financial performance is a testament to its... More
