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BABA

Alibaba

$179.98

3.28 (1.86%)

, BSTI

Best Inc.

07:43
09/19/17
09/19
07:43
09/19/17
07:43

BEST Inc cuts size of proposed IPO following 'tepid' response, Reuters reports

Best Inc (BSTI), a Chinese logistics firm backed by Alibaba (BABA), is cutting the size of its proposed U.S. IPO following "tepid" response to its preliminary valuation, Reuters reports, citing IFR. According to people close to the deal, Best now plans to raise up to $495M with the sale of 45M new ADs priced in an indicative range of $10-$11 each; the IPO previously included 53.56M new shares and 8.54M existing shares for $13-$15 each. Best's U.S. IPO is expected to price on September 19 and debut on the market the following day, according to the report. Reference Link

BABA

Alibaba

$179.98

3.28 (1.86%)

BSTI

Best Inc.

  • 20

    Sep

BABA Alibaba
$179.98

3.28 (1.86%)

09/12/17
MSCO
09/12/17
NO CHANGE
MSCO
Augmented Reality the next 'killer app' to power Apple, says Morgan Stanley
A team of Morgan Stanley analysts including Katy Huberty, Brian Nowak and Grace Chen, among others, state in a new note to investors that they view Augmented Reality, or AR, as a revolutionary trend that can be "the next killer app" to extend the life of the smartphone market and accelerate device upgrades, led by Apple's (AAPL) iPhone. The analysts, who compare the impact of AR to the launch of Apple's App Store nearly a decade ago, add that they "don't expect the Android ecosystem to stand still in response." Huberty and the team raised the firm's "bull case" valuation of Apple, which they see taking the lead in AR, to $253 from $203. While they see Apple as "the clear leader" in AR, Google (GOOG) and Tencent (TCEHY) are also well-positioned and "interesting use cases" in e-commerce could benefit Alibaba (BABA) and Amazon (AMZN), they add.
09/07/17
DBAB
09/07/17
NO CHANGE
Target $199
DBAB
Buy
Alibaba price target lowered to $199 from $208 at Deutsche Bank
Deutsche Bank analyst Alan Hellawell lowered his price target for Alibaba shares to $199 after recalibrating his estimates to reflect higher investment for the rest of fiscal year 2018. The analyst reduced his profit estimates to reflect Alibaba's intention to grow B2C market share and rising video spend. Hellawell maintains his FY18 revenue growth estimate of 48.5% on "continuously improving ad personalization and other data analytics tools increasing merchant ROI." The analyst reiterates a Buy rating on Alibaba.
09/06/17
JPMS
09/06/17
NO CHANGE
Target $200
JPMS
Overweight
Alibaba price target lowered to $200 from $205 at JPMorgan
JPMorgan analyst Alex Yao lowered his price target for Alibaba Group Holding to $200 saying he expects the company's s FY18 non-GAAP EBITDA margin to decline to 43% from 47% in FY17 due to investments across B2C promotions, New Retail and video content. The analyst sees a "mixed outlook" for return on investment, but believes the investments "pave the way for long-term sustainable earnings growth." Yao keeps an Overweight rating on Alibaba.
09/01/17
MKMP
09/01/17
NO CHANGE
Target $76
MKMP
Buy
MKM ups Altaba price target to $76 on higher Alibaba outlook
MKM Partners analyst Rob Sanderson raised his price target for Altaba (AABA) shares to $76 from $62 to reflect a higher outlook for the value of the company's Alibaba (BABA) stake. His new sum-of-the-parts valuation embeds a 12-month price target for Alibaba of $220, current value for other assets and the full 40% tax liability. The pretax value of Altaba's assets is now $95 per share, Sanderson tells investors in a research note. He sees tax efficiencies on the stake, upside in the value of Yahoo Japan (YAHOY) and sale of patents in excess of fair value as potential upside scenarios for Altaba. The analyst keeps a Buy rating on the shares. Altaba closed yesterday down 8c to $64.08.
BSTI Best Inc.

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IPGP

IPG Photonics

$239.36

-19.71 (-7.61%)

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IPG Photonics analyst commentary  »

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FELE

Franklin Electric

$44.45

0.35 (0.79%)

08:22
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Earnings
Franklin Electric reports Q4 EPS ex-items 42c, consensus 44c »

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    Feb

SNE

Sony

$49.55

0.74 (1.52%)

08:21
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Periodicals
Sony to start ride-hailing service in Japan as Uber eyes expansion, CNBC says »

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PATK

Patrick Industries

$66.05

-2 (-2.94%)

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Patrick Industries sees Metal Moulding acquisition 'immediately accretive' »

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DKL

Delek Logistics

$31.15

-0.35 (-1.11%)

, GPP

Green Plains Partners

$18.00

0.2 (1.12%)

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Hot Stocks
Delek Logistics, Green Plains Partners announce formation of logistics JV »

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DKL

Delek Logistics

$31.15

-0.35 (-1.11%)

GPP

Green Plains Partners

$18.00

0.2 (1.12%)

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  • 27

    Feb

YUM

Yum! Brands

$78.25

-0.72 (-0.91%)

08:20
02/20/18
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Periodicals
Yum's KFC U.K. restaurants facing chicken shortage, shutting branches, FT says »

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IYT

iShares Transportation Average

$189.34

-0.7 (-0.37%)

08:20
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Technical Analysis
iShares Transportation Average: Pivot points »

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PRGO

Perrigo

$89.55

-0.1 (-0.11%)

08:20
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Perrigo confirms patent challenge with FDA for generic version of Finacea Foam »

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  • 27

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XLK

Technology Select Sector SPDR

$67.18

-0.1 (-0.15%)

08:19
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Technical Analysis
Technology Select Sector SPDR: Pivot points »

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GD

General Dynamics

$224.19

-1.21 (-0.54%)

, CSRA

CSRA

$40.56

0.04 (0.10%)

08:19
02/20/18
02/20
08:19
02/20/18
08:19
Recommendations
General Dynamics, CSRA analyst commentary  »

General Dynamics price…

GD

General Dynamics

$224.19

-1.21 (-0.54%)

CSRA

CSRA

$40.56

0.04 (0.10%)

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  • 21

    Feb

EEM

MSCI Emerging Markets Index

$49.54

-0.16 (-0.32%)

08:19
02/20/18
02/20
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08:19
Technical Analysis
Technical Take: MSCI Emerging Markets ETF falls in early trading »

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XLE

Energy Select Sector SPDR

$68.12

-0.17 (-0.25%)

08:19
02/20/18
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Technical Analysis
Energy Select Sector SPDR: Pivot points »

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XLY

Consumer Discretionary Sector SPDR

$104.79

-0.51 (-0.48%)

08:19
02/20/18
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Technical Analysis
Consumer Discretionary Sector SPDR: Pivot points »

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XLB

S&P Select Materials SPDR

$60.48

-0.22 (-0.36%)

08:19
02/20/18
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Technical Analysis
S&P Select Materials SPDR: Pivot points »

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BDRBF

Bombardier

$2.96

0.024 (0.82%)

08:18
02/20/18
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08:18
Upgrade
Bombardier rating change  »

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XLU

Utilities SPDR

$50.12

0.44 (0.89%)

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Utilities SPDR: Pivot points »

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PLNT

Planet Fitness

$32.38

-0.05 (-0.15%)

08:18
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Planet Fitness analyst commentary  »

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XLP

Consumer Staples Sector SPDR

$55.60

0.22 (0.40%)

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Technical Analysis
Consumer Staples Sector SPDR: Pivot points »

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XLV

Health Care Select Sector SPDR

$85.41

0.61 (0.72%)

08:18
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Technical Analysis
Health Care Select Sector SPDR: Pivot points »

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CAH

Cardinal Health

$69.34

1.24 (1.82%)

08:18
02/20/18
02/20
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08:18
Periodicals
Cardinal accused by Kentucky AG of contributing to opioid epidemic, Reuters says »

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STLD

Steel Dynamics

$49.40

2.26 (4.79%)

08:17
02/20/18
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Hot Stocks
Steel Dynamics raises dividend 21% to 18.75c »

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IWM

iShares Trust Russell 2000 Index Fund

$153.34

0.54 (0.35%)

08:17
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Technical Analysis
iShares Trust Russell 2000 Index Fund: Pivot points »

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SLNO

Soleno Therapeutics

$1.62

-0.11 (-6.36%)

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Soleno Therapeutics announces successful end-of-Phase II meeting with FDA »

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DIA

Diamonds Fund ETF

$251.96

0.11 (0.04%)

08:17
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Technical Analysis
Diamonds Fund ETF: Pivot points »

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HSBC

HSBC

$53.83

0.08 (0.15%)

08:17
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Technical Analysis
Technical Take: HSBC falls after results »

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    Mar

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