First Republic, Novartis and Pinterest rose premarket; Caterpillar fell
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- Wall Street ends higher as tech rebounds before Nvidia results
- Oil settles down more than 3%; investors shrug off US sanctions on Iran
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- Grand Canyon Education places CFO on leave amid stock trade probe
- Wattmore and Eos Energy strike non-exclusive storage software deal
- S&P 500, Nasdaq end down on tech stocks, investors weigh Iran moves
- Six Flags to move headquarters from Charlotte to Arlington, Texas
- Funds sell $44bn in semiconductors on AI concerns
Morgan Stanley now issues Research Tactical Idea Call on Alibaba (BABA)
March 28, 2023 10:18 AM EDTMorgan Stanley analyst Gary Yu reiterated an Overweight rating and $150.00 price target on Alibaba (NYSE: BABA).
The analyst comments "We believe the share price will rise in absolute terms over the next 60 days. This is because the stock has traded off recently,... More
Morgan Stanley on Alibaba (BABA): 'We think the news will be a major positive catalyst'
March 28, 2023 10:04 AM EDTMorgan Stanley analyst Gary Yu reiterated an Overweight rating and $150.00 price target on Alibaba (NYSE: BABA).
The analyst comments "We think the news will be a major positive catalyst for Alibaba's share price. Alibaba is trading at significant discount to our... More
Citi Keeps $156 PT on Alibaba (BABA), Says Split is 'Unlocking Underlying Value'
March 28, 2023 9:08 AM EDTCiti analyst Alicia Yap reiterated a Buy rating and $156.00 price target on Alibaba (NYSE: BABA).
The analyst comments "While we would not be surprised that Alibaba could decide to spin off certain business units like Cainiao or International Commerce as separately listed... More
