Alibaba (BABA) PT Raised to $210 at Pacific Crest

Alibaba (BABA) PT Raised to $220 at Oppenheimer

November 6, 2017 8:26 AM EST

Oppenheimer analyst Jason Helfstein raised his price target on Alibaba (NYSE: BABA) to $220.00 (from $200.00) while maintaining an Outperform rating following another strong quarter.

While shares weakened on subdued F3Q18 outlook for margins, Helfstein is more bullish on valuations for AliCoud and... More

Alibaba (BABA) PT Raised to $215 at Needham & Company Following Strong 2Q Results

November 3, 2017 9:05 AM EDT

Needham & Company raised its price target on Alibaba (NYSE: BABA) to $215.00 (from $190.00) while maintaining a Buy rating. Revenue grew 61% y/y to RMB55.1B, above consensus of RMB52.0B, primarily driven by China Commerce, International Commerce, and Cloud Computing. Adjusted EBITDA increased... More

UPDATE: Alibaba (BABA) PT Raised to $220 at RBC Capital

November 2, 2017 1:43 PM EDT

(Updated - November 2, 2017 1:51 PM EDT)

(updated to add analyst comments)

RBC Capital raised its price target on Alibaba (NYSE: BABA) to $220.00 (from $185.00) while maintaining a Outperform rating following strong Sept. qtr results.

Analyst Mark Mahaney said results were "strong across... More

Alibaba sales beat estimates on 'outstanding' quarter, raises forecast

November 2, 2017 7:32 AM EDT

By Pei Li and Cate Cadell

BEIJING (Reuters) - Alibaba Group Holding Ltd (NYSE: BABA) hailed an "outstanding quarter" on Thursday and raised its outlook for the year after beating forecasts with a 61 percent revenue rise driven by strong growth in online sales.

The beat points to the Chinese group's success as it expands from its core online retail business with investments in supermarkets and stores, amid growing competition in e-commerce.

Alibaba's Chief Executive Daniel Zhang said in a filing that a recent push into offline services and a number of recent... More

Alibaba (BABA) Tops Q2 EPS by 26c, Sales Beat

November 2, 2017 6:59 AM EDT

Alibaba (NYSE: BABA) reported Q2 EPS of $1.29, $0.26 better than the analyst estimate of $1.03. Revenue for the quarter came in at $8.29 billion versus the consensus estimate of $7.85 billion.

We had an outstanding quarter. Our consumer insights and technology innovation were the key drivers behind our customer value proposition across the Alibaba economy, said Daniel Zhang, Chief Executive Officer of Alibaba Group. We are seeing the early results from our efforts to integrate online and offline with our New Retail strategy, and consumers... More