Atlantic Equities Upgrades Alibaba (BABA) to Overweight

UPDATE: Alibaba (BABA) PT Raised to $220 at MKM Partners

(Updated - August 23, 2017 8:54 AM EDT)

MKM Partners raised its price target on Alibaba (NYSE: BABA) to $220.00 (from $177.00) while maintaining a Buy rating.

Analyst Rob Sanderson expects FY commerce growth of 50% compared with 47% previously. He ranks BABA as a Top Pick... More

Alibaba (BABA): Raising PT On Shift to 2019 Numbers - Barclays

Barclays analyst, Gregory Zhao, reiterated his Overweight rating on shares of Alibaba (NYSE: BABA) and raised his price target to $200 after the company reported total revenues 5% above consensus, driven by 65% y/y growth of Customer Management (Marketing) services (52% of total revenues).

The... More

Alibaba (BABA) PT Raised to $190 at Needham & Company Following Solid Quater

Needham & 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

JPMorgan 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

Alibaba (BABA): Goldman Sachs Raises PT To $208

Goldman Sachs analyst, Piyush Mubayi, reiterated his Buy rating on shares of Alibaba (NYSE: BABA) after reporting better-than-expected 1QFY18 results. Total revenue of Rmb50.2bn (+56% yoy, Tencent 59%) was 5% above Bloomberg consensus while Non-GAAP diluted EPS of Rmb7.95
(+65% yoy) was 26% above... More