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BABA

Alibaba

$157.04

1.04 (0.67%)

08:10
01/22/19
01/22
08:10
01/22/19
08:10

Alibaba estimates lowered at Baird as China online sales decelerate

Baird analyst Colin Sebastian lowered his estimates on Alibaba citing the deceleration in China online sales, which he said is consistent with near-term growth headwinds. He reduced his estimates based on the macro softness but said he sees no change to his longer-term view. Sebastian maintained his Outperform rating and $178 price target on Alibaba shares.

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BABA Alibaba
$157.04

1.04 (0.67%)

01/14/19
HSBC
01/14/19
NO CHANGE
HSBC
Alibaba price target raised to $190 from $177 at HSBC
HSBC analyst Binnie Wong maintained a Buy rating on Alibaba and raised her target price on shares to $190 from $177. Wong said she expects a promising quarter from Alibaba in her Q3 earnings preview research note, saying she expects "better growth for the core commerce division, implying earnings upside in the near term." The analyst added that she sees an earnings recovery in FY20 and the kick-starting of the monetization of recommendation feeds as key catalysts for the company.
01/14/19
BERN
01/14/19
INITIATION
Target $180
BERN
Market Perform
Alibaba assumed with a Market Perform at Bernstein
Bernstein analyst David Dai assumed coverage on Alibaba with a Market Perform and $180 price target.
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."

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