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BABA

Alibaba

$139.44

-2.9 (-2.04%)

05:42
06/12/17
06/12
05:42
06/12/17
05:42

Alibaba price target raised to $170 from $135 at Baird

Baird analyst Colin Sebastian raised his price target for Alibaba Group shares to $170 following the company's investor summit. The stock closed Friday down 2%, or $2.90, to $139.44. Management's ongoing technology investments and focus on international expansion are "keys to another leg of growth," Sebastian tells investors in a research note. The company's growth targets imply "significant global expansion," the analyst adds. He maintains an Outperform rating on Alibaba.

BABA Alibaba
$139.44

-2.9 (-2.04%)

06/12/17
JEFF
06/12/17
NO CHANGE
Target $160
JEFF
Buy
Alibaba price target raised to $160 from $122 at Jefferies
Jefferies analyst Jessie Guo raised her price target for Alibaba shares to $160 following the company's investor day. With a "strong foothold" in e-commerce, Alibaba is "evolving into a big data conglomerate," Guo tells investors in a research note. She calls the company one of her top picks in the China internet universe. The analyst reiterates a Buy rating on the shares.
06/09/17
BOFA
06/09/17
NO CHANGE
Target $70
BOFA
Buy
Yahoo price target raised to $70 from $58 at BofA/Merrill
BofA/Merrill analyst Jusin Post raised Yahoo's (YHOO) price target to $70 from $58 to reflect a revised sum-of-the-parts valuation following Alibaba's (BABA) increased sales forecast and analyst Eddie Leung's revised price target on shares to $161 from $125.
06/09/17
BOFA
06/09/17
NO CHANGE
Target $161
BOFA
Buy
Alibaba price target raised to $161 from $144 at BofA/Merrill
BofA/Merrill Eddie Leung raised Alibaba's price target to $161 from $144 following better than expected FY18 sales guidance. The analyst expects continued improvement in marketing/customer services, ecommerce industry growth, and Intime consolidation contribution. Leung said added value is being driven by data and technologies that is increasing marketing spending, improving advertiser conversion rates, and increasing user engagement through a wider range of marketing tools. The analyst has a Buy rating on Alibaba shares.
06/09/17
KEYB
06/09/17
NO CHANGE
KEYB
Alibaba guidance 'impressive,' says KeyBanc
KeyBanc says that Alibaba's guidance for a 45%-49% revenue increase in fiscal 2018 is "impressive." The firm says that the company's newer initiatives make it more confident in the company's ability " to continue to increase its monetization rates on its core commerce over the long term." It keeps a $137 price target and Buy rating on the shares.

TODAY'S FREE FLY STORIES

IBM

IBM

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-0.15 (-0.10%)

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GE

General Electric

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-0.04 (-0.22%)

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GE

General Electric

$18.21

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TWX

Time Warner

$88.72

0.71 (0.81%)

, T

AT&T

$34.51

-0.01 (-0.03%)

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NYT

New York Times

$17.65

0.05 (0.28%)

TEX

Terex

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  • 28

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TPIC

TPI Composites

$19.06

-0.97 (-4.84%)

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  • 05

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SYNA

Synaptics

$38.21

0.57 (1.51%)

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Synaptics management to meet with KeyBanc »

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  • 18

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MKSI

MKS Instruments

$103.50

-0.35 (-0.34%)

, BRCD

Brocade

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BRCD

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IVR

Invesco Mortgage

$17.36

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AVGO

Broadcom

$271.86

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TCMD

Tactile Systems

$25.98

-0.23 (-0.88%)

LMOS

Lumos Networks

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  • 28

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WGL

WGL Holdings

$84.32

-0.14 (-0.17%)

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WGL Holdings reports Q4 adjusted EPS (17c), consensus (19c) »

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TCMD

Tactile Systems

$25.98

-0.23 (-0.88%)

, LMOS

Lumos Networks

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TCMD

Tactile Systems

$25.98

-0.23 (-0.88%)

LMOS

Lumos Networks

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  • 28

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IVR

Invesco Mortgage

$17.36

0.07 (0.40%)

, MKSI

MKS Instruments

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-0.35 (-0.34%)

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IVR

Invesco Mortgage

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0.07 (0.40%)

MKSI

MKS Instruments

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MKSI

MKS Instruments

$103.50

-0.35 (-0.34%)

, BRCD

Brocade

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MKS Instruments to replace Brocade in S&P 400 at open on 11/22 »

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MKSI

MKS Instruments

$103.50

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BRCD

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AVGO

Broadcom

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  • 06

    Dec

UQM

UQM Technologies

$1.18

0.015 (1.29%)

17:24
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Breaking Syndicate news story on UQM Technologies »

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GS

Goldman Sachs

$238.02

-1.35 (-0.56%)

17:23
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Goldman Sachs has $510M lawsuit dismissed, Reuters reports »

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VICL

Vical

$1.94

-0.02 (-1.02%)

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LGND

Ligand

$140.31

-1.4 (-0.99%)

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LGND

Ligand

$140.31

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LGND

Ligand

$140.31

-1.4 (-0.99%)

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MBI

MBIA

$9.01

0.13 (1.46%)

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RBCN

Rubicon

$8.07

0.1218 (1.53%)

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ANCB

Anchor Bancorp

$24.75

-0.1 (-0.40%)

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GIFI

Gulf Island Fabrication

$12.30

-0.1 (-0.81%)

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MPB

Mid Penn Bancorp

$31.09

0.59 (1.93%)

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CALD

Callidus Software

$28.95

0.3 (1.05%)

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Callidus Software initiated at First Analysis »

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GIFI

Gulf Island Fabrication

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GE

General Electric

$18.21

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