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

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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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