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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.

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PSEG

$49.18

0.65 (1.34%)

, COG

Cabot Oil & Gas

$23.88

0.63 (2.71%)

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Notable companies reporting before tomorrow's open »

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HUN

Huntsman

$33.32

-0.27 (-0.80%)

CNK

Cinemark

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DOVA

Dova Pharmaceuticals

$32.78

-0.08 (-0.24%)

19:57
02/22/18
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19:57
Syndicate
Dova Pharmaceuticals 2.5M share Secondary priced at $32.00 »

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SPY

SPDR S&P 500 ETF Trust

$270.40

0.35 (0.13%)

, SPX

S&P 500

19:25
02/22/18
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19:25
Periodicals
Breaking Periodicals news story on SPDR S&P 500 ETF Trust, S&P 500 »

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SPY

SPDR S&P 500 ETF Trust

$270.40

0.35 (0.13%)

SPX

S&P 500

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OMAB

OMA Airports

$41.47

0.33 (0.80%)

19:10
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OMA Airports reports Q4 passenger traffic up 1.8% »

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AIV

Aimco

$38.28

0.28 (0.74%)

19:05
02/22/18
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Aimco acquires Bent Tree apartment community for $160M »

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KDMN

Kadmon

$3.60

-0.16 (-4.26%)

18:49
02/22/18
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18:49
Hot Stocks
Kadmon updates 'positive' results from Phase 2 study of KD025 in cGVHD »

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ASR

Asur

$182.83

1.49 (0.82%)

18:47
02/22/18
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18:47
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18:47
Hot Stocks
Asur reports Q4 passenger traffic down 4% »

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USB

U.S. Bancorp

$54.27

-0.83 (-1.51%)

18:45
02/22/18
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18:45
Periodicals
Judge criticizes U.S. Bancorp deal to sidestep prosecution, Bloomberg reports »

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KZIA

Kazia Therapeutics

$4.99

0.43 (9.43%)

18:36
02/22/18
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18:36
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18:36
Hot Stocks
Kazia granted orphan status for glioblastoma treatment »

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OBE

Obsidian Energy

$0.98

0.0183 (1.91%)

18:29
02/22/18
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18:29
Hot Stocks
Obsidian Energy reports 126% reserve replacement of 2017 production »

Obsidian Energy said that…

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OBE

Obsidian Energy

$0.98

0.0183 (1.91%)

18:27
02/22/18
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18:27
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18:27
Hot Stocks
Obsidian Energy names Jay Thornton chairman of the board »

Obsidian Energy announced…

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SSRM

SSR Mining

$8.33

0.06 (0.73%)

18:27
02/22/18
02/22
18:27
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18:27
Earnings
SSR Mining reports Q4 adjusted EPS 2c, consensus 7c »

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SSRM

SSR Mining

$8.33

0.06 (0.73%)

18:21
02/22/18
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18:21
Hot Stocks
SSR Mining sees 2018 gold production 340K gold equivalent ounces »

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IVC

Invacare

$17.97

-0.28 (-1.53%)

18:20
02/22/18
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Hot Stocks
Invacare names Kathleen Leneghan as CFO, effective immediately »

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SHCAY

Sharp

$8.21

-0.025 (-0.30%)

18:18
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Periodicals
Sharp drops legal action against Hisense over TV brands, Nikkei reports »

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GM

General Motors

$40.91

0.35 (0.86%)

18:17
02/22/18
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Periodicals
GM seeks South Korean aid to bolster local unit, Nikkei Asian Review reports »

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SJI

South Jersey Industries

$26.34

0.23 (0.88%)

18:14
02/22/18
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Earnings
Breaking Earnings news story on South Jersey Industries »

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TRTN

Triton International

$28.16

-0.4 (-1.40%)

18:13
02/22/18
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Earnings
Triton International reports Q4 adjusted EPS 85c, consensus 80c »

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SJI

South Jersey Industries

$26.34

0.23 (0.88%)

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Earnings
Breaking Earnings news story on South Jersey Industries »

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PAA

Plains All American

$20.97

-0.43 (-2.01%)

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Hot Stocks
Plains All American's Cactus II pipeline fully committed »

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STX

Seagate

$51.36

-0.08 (-0.16%)

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Initiation
Seagate initiated at Stifel »

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WDC

Western Digital

$85.53

-0.14 (-0.16%)

18:01
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Initiation
Western Digital initiated at Stifel »

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HPQ

HP Inc.

$21.39

0.22 (1.04%)

17:56
02/22/18
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Hot Stocks
Breaking Hot Stocks news story on HP Inc. »

HP Inc. sees higher…

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