Alibaba Group Announces September Quarter 2018 Results

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Alibaba (BABA) PT Lowered to $200 at RBC Capital

November 5, 2018 6:57 AM EST

RBC Capital analyst Mark Mahaney lowered the price target on Alibaba (NYSE: BABA) to $200.00 (from $215.00) while maintaining a Outperform rating.

Mahaney notes fundamental trends continued to creep down this quarter.

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Alibaba (BABA) Tops Q3 EPS by 34c, Lowers Guidance

November 2, 2018 7:04 AM EDT

Alibaba (NYSE: BABA) reported Q3 EPS of $1.40, $0.34 better than the analyst estimate of $1.06. Revenue for the quarter came in at $12.4 billion versus the consensus estimate of $12.49 billion.

Guidance:

Looking ahead, we are revising our fiscal year 2019 revenue... More