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BABA

Alibaba

$177.44

0.77 (0.44%)

08:13
02/13/18
02/13
08:13
02/13/18
08:13

Investors should be skeptical of Ant Financial's valuation, WSJ reports

Alibaba financial affiliate Ant Financial is looking to raise $5B in a new funding round that could value the company at roughly $100B but investors should start to be skeptical of "such punchy estimates," the Wall Street Journal reports in its 'Heard on the Street' column. The valuation of Ant, which is rumored to be planning an IPO, is 50 times its pretax profits of about $2B last year and comes as mobile payments are already prevalent in China and more than half of those mobile payments are transfers between friends, which generate minimal revenue. Reference Link

BABA Alibaba
$177.44

0.77 (0.44%)

02/02/18
MKMP
02/02/18
NO CHANGE
Target $260
MKMP
Buy
Alibaba price target raised to $260 from $220 at MKM Partners
MKM Partners analyst Rob Sanderson raised his price target on Alibaba to $260 and kept his Buy rating after strong Q3 earnings, featuring a 5% beat in the Commerce segment EBITA. The analyst believes that the near term negative stock reaction was due to the commentary around spending and margins for the March quarter and recommends that investors accumulate shares on weakness, as the company is "executing from a position of great strength, maintaining conservatism in its outlook, and has many levers for upside".
02/02/18
02/02/18
NO CHANGE
Target $240

Strong Buy
Alibaba price target raised to $240 from $220 at Raymond James
Raymond James analyst Aaron Kessler raised Alibaba's price target to $240 and reiterated a Strong Buy given continued strong core commerce revenue growth, cloud leadership, expectation for narrowing losses in investment areas, and attractive valuation.
02/05/18
BERN
02/05/18
NO CHANGE
Target $230
BERN
Outperform
Alibaba price target raised to $230 from $205 at Bernstein
Bernstein analyst Bhavtosh Vajpayee raised his price target for Alibaba to $230 from $205 to reflect the interplay of higher topline growth for longer, but also lower blended profitability, and higher capex demands. The analyst reiterates an Outperform rating on the shares.
02/05/18
DBAB
02/05/18
INITIATION
Target $50
DBAB
Hold
Ctrip initiated with a Hold at Deutsche Bank
Deutsche Bank analyst Eileen Deng started Ctrip (CTRP) with a Hold rating and $50 price target. Under a different analyst, Deutsche Bank last year had a Buy rating on the shares. Deng anticipates a "turbulent" 2018 for the company as mergers and strategic partnerships complicate China's online travel agency landscape. again. Meituan-Dianping looks to be a formidable competitor in tier 3-5 cities while Alibaba-backed (BABA) Fliggy is a unknown to competitive dynamics, Deng tells investors in a research note. She views Ctrip shares as fairly valued at current levels.

TODAY'S FREE FLY STORIES

01:35
06/19/18
06/19
01:35
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01:35
General news
Asian Market Wrap: »

Asian Market Wrap: The…

NOV

National Oilwell

$42.23

0.74 (1.78%)

21:02
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National Oilwell launches GoConnect for monitoring equipment services »

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  • 27

    Jul

ROKU

Roku

$44.92

1.62 (3.74%)

, AMZN

Amazon.com

$1,724.06

7.81 (0.46%)

20:16
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20:16
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Periodicals
Roku may launch store for streaming subscriptions, Variety says »

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ROKU

Roku

$44.92

1.62 (3.74%)

AMZN

Amazon.com

$1,724.06

7.81 (0.46%)

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BHVN

Biohaven Pharmaceutical

$41.61

0.82 (2.01%)

20:10
06/18/18
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Hot Stocks
Biohaven and Royalty Pharma enter funding and stock purchase agreement »

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  • 25

    Jun

SPY

SPDR S&P 500 ETF Trust

$276.58

-0.42 (-0.15%)

, SPX

S&P 500

$0.00

(0.00%)

19:54
06/18/18
06/18
19:54
06/18/18
19:54
Periodicals
U.S. Trade Rep asked to identify $200B in China goods for 10% tariff, CNBC says »

In a separate report,…

SPY

SPDR S&P 500 ETF Trust

$276.58

-0.42 (-0.15%)

SPX

S&P 500

$0.00

(0.00%)

FXI

iShares China Large-Cap ETF

$46.25

-0.565 (-1.21%)

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SPX

S&P 500

$0.00

(0.00%)

, SPY

SPDR S&P 500 ETF Trust

$276.58

-0.42 (-0.15%)

19:39
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06/18
19:39
06/18/18
19:39
General news
Breaking General news story on S&P 500, SPDR S&P 500 ETF Trust »

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SPX

S&P 500

$0.00

(0.00%)

SPY

SPDR S&P 500 ETF Trust

$276.58

-0.42 (-0.15%)

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SPX

S&P 500

$0.00

(0.00%)

, SPY

SPDR S&P 500 ETF Trust

$276.58

-0.42 (-0.15%)

19:35
06/18/18
06/18
19:35
06/18/18
19:35
General news
Trump directs USTR to identify $200B in China goods for tariffs, Bloomberg says »

Trump says he intends to…

SPX

S&P 500

$0.00

(0.00%)

SPY

SPDR S&P 500 ETF Trust

$276.58

-0.42 (-0.15%)

FXI

iShares China Large-Cap ETF

$46.25

-0.565 (-1.21%)

03/08/13
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INTU

Intuit

$209.07

0.14 (0.07%)

19:30
06/18/18
06/18
19:30
06/18/18
19:30
Upgrade
Intuit rating change at Stifel »

Intuit upgraded to Buy…

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  • 10

    Jul

DPS

Dr Pepper Snapple

$121.77

0.32 (0.26%)

19:26
06/18/18
06/18
19:26
06/18/18
19:26
Downgrade
Dr Pepper Snapple rating change at Stifel »

Dr Pepper Snapple…

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T

AT&T

$32.20

-0.97 (-2.92%)

, NFLX

Netflix

$390.27

-1.56 (-0.40%)

19:24
06/18/18
06/18
19:24
06/18/18
19:24
Periodicals
AT&T plans to reduce commercials and offer smaller cable bundles, Reuters says »

The CEO of…

T

AT&T

$32.20

-0.97 (-2.92%)

NFLX

Netflix

$390.27

-1.56 (-0.40%)

03/08/13
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  • 18

    Jun

  • 16

    Jul

TSLA

Tesla

$370.78

12.76 (3.56%)

19:14
06/18/18
06/18
19:14
06/18/18
19:14
Periodicals
Tesla to cut hundreds of jobs at Fremont plant, SVBJ reports »

Tesla has informed state…

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  • 09

    Jul

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    Jul

  • 12

    Jul

ZTCOY

ZTE Corp.

$0.00

(0.00%)

19:03
06/18/18
06/18
19:03
06/18/18
19:03
Periodicals
Senate passes military funding bill that reimposes sanctions on ZTE, CNBC says 

Reference Link

03/08/13
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  • 10

    Sep

PLM

PolyMet Mining

$1.02

0.005 (0.50%)

19:01
06/18/18
06/18
19:01
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19:01
Hot Stocks
Senate passes land exchange between PolyMet, U.S. Forest Service »

The U.S. Senate passed…

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VIVE

Viveve

$3.82

0.09 (2.41%)

, ACAD

Acadia

$15.82

0.05 (0.32%)

18:50
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On The Fly: After Hours Movers »

HIGHER: Viveve Medical…

VIVE

Viveve

$3.82

0.09 (2.41%)

ACAD

Acadia

$15.82

0.05 (0.32%)

FLNT

Fluent

$2.90

(0.00%)

CL

Colgate-Palmolive

$63.30

-1.43 (-2.21%)

PAGS

PagSeguro Digital

$32.16

-1.24 (-3.71%)

TELL

Tellurian

$10.87

-0.19 (-1.72%)

DEA

Easterly Government Properties

$20.17

0.14 (0.70%)

03/08/13
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  • 19

    Jun

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    Jun

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    Jun

  • 22

    Jun

DENN

Denny's

$15.82

0.085 (0.54%)

18:43
06/18/18
06/18
18:43
06/18/18
18:43
Hot Stocks
Denny's CEO sells 48,767 common shares »

In a regulatory filing,…

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  • 19

    Jun

PI

Impinj

$22.25

-0.13 (-0.58%)

18:38
06/18/18
06/18
18:38
06/18/18
18:38
Recommendations
Impinj analyst commentary at Piper Jaffray »

Impinj price target…

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AAL

American Airlines

$42.44

-0.32 (-0.75%)

18:27
06/18/18
06/18
18:27
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18:27
Periodicals
American Airlines affiliate PSA sees more flight cancellations, Bloomberg says »

American Airlines…

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  • 26

    Jun

FLNT

Fluent

$2.90

(0.00%)

18:16
06/18/18
06/18
18:16
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18:16
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Fluent CEO discloses purchase of $250K in common stock »

Fluent CEO Ryan Schulke…

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VSAR

Versartis

$2.40

-0.1 (-4.00%)

17:34
06/18/18
06/18
17:34
06/18/18
17:34
Hot Stocks
Breaking Hot Stocks news story on Versartis »

Srinivas Akkaraju reports…

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QRVO

Qorvo

$85.79

0.65 (0.76%)

17:31
06/18/18
06/18
17:31
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17:31
Hot Stocks
Qorvo names Paul Fego as corporate VP of global operations »

Qorvo announced the…

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  • 18

    Jun

  • 19

    Jun

GWB

Great Western

$44.43

0.235 (0.53%)

17:31
06/18/18
06/18
17:31
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17:31
Hot Stocks
Great Western names Karlyn Knieriem chief risk officer »

Great Western Bancorp…

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WFC

Wells Fargo

$55.08

0.09 (0.16%)

17:29
06/18/18
06/18
17:29
06/18/18
17:29
Periodicals
Wells Fargo to overhaul Wealth Management business, WSJ reports »

Wells Fargo is…

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  • 18

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    Oct

RYTM

Rhythm Pharmaceuticals

$28.81

-3.8 (-11.65%)

17:27
06/18/18
06/18
17:27
06/18/18
17:27
Syndicate
Rhythm Pharmaceuticals files $150M common stock offering »

Morgan Stanley, BofA…

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  • 25

    Jun

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    Jun

JWN

Nordstrom

$51.60

1.11 (2.20%)

17:21
06/18/18
06/18
17:21
06/18/18
17:21
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Nordstrom analyst commentary at Tigress Financial »

Nordstrom to expand its…

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GD

General Dynamics

$195.97

0.17 (0.09%)

17:09
06/18/18
06/18
17:09
06/18/18
17:09
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General Dynamics awarded $225M U.S. Navy contract modification »

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