-
For Alibaba, Deutsche Bank Sees Further Upside
Tuesday, June 13, 2017 - 11:19am | 523Read More...Deutsche Bank analyst Alan Hellawell reiterated a Buy rating for Alibaba Group Holding Ltd (NYSE: BABA) following the company’s Investor Day and raised his price target from $151 to $161. The analyst also raised revenue estimates by high-single-digit percentages through 2020 in response to...
-
Alibaba Is 'Well-Girded' To Dominate, Deutsche Bank Lifts Target To $138
Thursday, September 29, 2016 - 10:09am | 368Read More...Citing rising valuation of Ant Financial, of which Alipay is a part, and valuation roll over into 2017, Deutsche Bank maintains its Buy rating on the shares of Alibaba Group Holding Ltd (NYSE: BABA). The firm lifted its price target to $138. Deutsche Bank said it is of the view that Alibaba is well...
-
Deutsche Maintains Alibaba As A Top Pick, Lifts Price Target To $115
Friday, August 12, 2016 - 9:21am | 284Read More...Alibaba Group Holding Ltd (NYSE: BABA) reported strong June quarter results, with the revenue and adjusted EBITDA beating the estimates. Deutsche Bank’s Alan Hellawell maintained a Buy rating on the company, while raising the price target from $107 to $115. Maintaining Alibaba as a Top...
-
Deutsche Bank Reacts To Baidu's Guidance: 'The Math Doesn't Look All That Bad'
Thursday, June 16, 2016 - 1:51pm | 185Read More...Deutsche Bank cut the price target on Baidu Inc (ADR) (NASDAQ: BIDU), but said the longer-term impairment to the search business is likely "to be very limited." The Chinese search engine cut its second-quarter revenue guidance to a range of RMB18.100 billion ($2.807 billion) to RMB18.200 billion ($...
-
Deutsche Bank Finds Support For Growth Assumptions At Alibaba's Investor Day
Thursday, June 16, 2016 - 9:06am | 256Read More...During its Investor Day, Alibaba Group Holding Ltd (NYSE: BABA) offered details of its major businesses and provided its annual revenue guidance for the first time. Deutsche Bank’s Alan Hellawell maintained a Buy rating for the company, with a price target of $110, while naming the stock as...
-
Deutsche Bank Revisits Alibaba Margin Assumptions; Still Buying
Saturday, March 26, 2016 - 3:01pm | 133Read More...Alan Hellawell of Deutsche Bank said the Youku acquisition is expected to cause a 4 percentage point drag to Alibaba Group Holding Ltd (NYSE: BABA)'s EBITDA margin. The analyst also expects margin drag from low margin businesses such as UCweb and AliCloud, and growing investment in digital...
-
Deutsche Bank: Alibaba Is Refocusing On Core Strategies To Gain Advantage Over Competitors
Thursday, March 12, 2015 - 8:54am | 260Read More...Deutsche Bank issued a report on Alibaba Group Holding Ltd (NYSE: BABA). The firm rates Alibaba as a Buy and reduced its one-year price target from $105.10 to $98. The report was written before news of Alibaba investing $200 million in Snapchat came out on Wednesday afternoon. Deutsche Bank...
-
UPDATE: Deutsche Bank Says Market Underestimating Baidu's Visibility
Friday, April 25, 2014 - 11:40am | 198Read More...On Friday, Deutsche Bank upgraded shares of Baidu (NASDAQ: BIDU) from Hold to Buy and raised the price target from $178 to $229. The stock is flat in Friday's trading to$160 after spiking to as high as $172.42 in Thursday's post market trading after the company reported first quarter earnings and...
