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BABA

Alibaba

$139.08

-1.64 (-1.17%)

14:49
12/19/18
12/19
14:49
12/19/18
14:49

ChinaCache, Alibaba co-develop CDN+Edge computing solution

Xin Lu, assistant VP at ChinaCache, shared the company's explorations of edge computing and the experience to be the first CDN company to integrate CDN with the edge cloud platform. By deploying CDN on Alibaba's edge computing platform, ChinaCache is able to further explore the service model of edge computing. Both CDN and edge computing are deployed close to end users, and CDN may be one of the largest application scenarios of edge computing in the future. The CDN + edge computing solution, developed in partnership with Alibaba Cloud, is constantly optimized and has seen a growing amount of traffic from customers. Lu believes that there is a bright future for edge computing. In the era of Internet of Things, ChinaCache will continue to strive for optimal delivery results for clients through more focused solutions. Reference Link

  • 07

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  • 04

    Mar

BABA Alibaba
$139.08

-1.64 (-1.17%)

12/13/18
12/13/18
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Alibaba (BABA) assumed with a Buy at Mizuho. 2. Molson Coors (TAP) and Keurig Dr Pepper (KDP) were initiated with a Buy at UBS, while PepsiCo (PEP) and Constellation Brands (STZ) were initiated with a Neutral, and Monster Beverage (MNST) and Boston Beer (SAM) were initiated with a Sell. 3. SeaSpine (SPNE) initiated with an Outperform at Wells Fargo. 4. XPO Logistics (XPO) initiated with a Buy at SunTrust. 5. Enanta (ENTA) initiated with a Hold at Berenberg. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
12/12/18
MZHO
12/12/18
INITIATION
Target $200
MZHO
Buy
Alibaba assumed with a Buy at Mizuho
Mizuho Securities analyst James Lee assumed coverage of Alibaba with a Buy rating and $200 price target. The analyst views the company as a "defensive play" for China's uncertain macro outlook. He believes the stock is only pricing in the core e-commerce unit and that Alibaba's new investments, like Cloud, Food Delivery, Online Video, and Payments, are "free call options."
11/19/18
11/19/18
DOWNGRADE
Target $26

Hold
JD.com downgraded to Hold on China slowdown, competition at Stifel
As previously reported, Stifel analyst Scott Devitt downgraded JD.com (JD) to Hold from Buy as he believes the slowing economy in China, coupled with e-commerce competition, will keep pressuring the company's core operating results. After JD.com reported Q3 revenue that missed the Street's forecast and its annual active customers fell quarter-over-quarter, Devitt cut his price target on the shares to $26 from $32. He prefers Alibaba (BABA) on a potential turnaround in China sentiment, Devitt added.
11/13/18
MKMP
11/13/18
NO CHANGE
Target $245
MKMP
Buy
Alibaba price target lowered to $245 from $270 at MKM Partners
MKM Partners analyst Rob Sanderson lowered his price target on Alibaba to $245, saying the bulk of his revision comes from the "lower profit from the core commerce segment as management postpones monetization efforts and braces for a possible economic slow-down". The analyst also points to the perceived "desperation" of the Chinese central bank in setting a 30% target for private enterprise loans as part of the banking system's total lending. Longer term, Sanderson keeps his Buy rating on Alibaba based on his confidence that the slowing economy will create separation for market leaders and that the company's recent execution appears to be better than in the last slowdown.

TODAY'S FREE FLY STORIES

HOPE

Hope Bancorp

$14.52

0.15 (1.04%)

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HHC

Howard Hughes

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2.41 (1.91%)

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HHC

Howard Hughes

$128.38

2.41 (1.91%)

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STMP

Stamps.com

$76.12

0.55 (0.73%)

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FBMS

First Bancshares

$32.25

0.41 (1.29%)

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SAN

Banco Santander

$4.36

0.055 (1.28%)

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QTNT

Quotient

$8.13

-0.33 (-3.90%)

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Conference/Events
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TNP

TEN, Ltd.

$3.82

-0.02 (-0.52%)

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PCAR

Paccar

$72.88

0.83 (1.15%)

16:47
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Conference/Events
Paccar management to meet with Jefferies »

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FBK

FB Financial

$37.96

0.22 (0.58%)

16:46
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Earnings
FB Financial reports Q3 adjusted EPS 77c, consensus 72c »

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CSL

Carlisle

$145.24

1.99 (1.39%)

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GOOG

Alphabet

$1,246.24

-0.32 (-0.03%)

, MSFT

Microsoft

$138.43

1.09 (0.79%)

16:41
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Periodicals
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GOOG

Alphabet

$1,246.24

-0.32 (-0.03%)

MSFT

Microsoft

$138.43

1.09 (0.79%)

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TEUM

Pareteum

$0.74

-0.0948 (-11.42%)

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CDNS

Cadence Design

$66.67

1.07 (1.63%)

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MIST

Milestone Pharmaceuticals

$21.60

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CE

Celanese

$121.37

-0.3 (-0.25%)

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CE

Celanese

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HMST

HomeStreet

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GME

GameStop

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  • 23

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HSTM

HealthStream

$26.33

0.13 (0.50%)

16:35
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Earnings
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  • 22

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CE

Celanese

$121.37

-0.3 (-0.25%)

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Earnings
Celanese cuts FY19 EPS view to $9.60-$9.80 from 'see path to $10.50' 

Consensus $10.14.

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  • 22

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HMST

HomeStreet

$28.66

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  • 22

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CE

Celanese

$121.37

-0.3 (-0.25%)

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  • 22

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OSB

Norbord

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