Osaka Matsui Management Says With IPO Looming, Jack Ma’s Ant Group Earns $3.5 Billion Profit in Six Months

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Go back to Osaka Matsui Management Says With IPO Looming, Jack Ma’s Ant Group Earns $3.5 Billion Profit in Six Months

Needham & Company Reiterates Buy Rating on Alibaba (BABA)

August 21, 2020 7:40 AM EDT

Needham & Company analyst Vincent Yu reiterated a Buy rating and $275.00 price target on Alibaba (NYSE: BABA) following the company's June 2020 quarter. BABA reported better-than-expected results with a top line beat driven by the rebound in domestic consumer spending and cross-border business.

International commerce revenue... More