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Citi Raises Alibaba's Price Target To $133 Just Days Before Earnings Report
Thursday, October 27, 2016 - 8:14am | 247Citi’s Alicia Yap believes Alibaba Group Holding Ltd (NYSE: BABA) will deliver marginally below consensus revenue when it reports Q2:17 results on November 2. Yap maintains a Buy rating on the company, while raising the price target from $112 to $113. Q2 Expectations The analyst expects...
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Expect Soft Results From Baidu As It Seeks To Capture The Cloud
Thursday, October 20, 2016 - 12:45pm | 387Citi’s Alicia Yap expects Baidu Inc (ADR) (NASDAQ: BIDU) to report its Q3:16 results either in line with expectations or slightly below the consensus forecasts when the company announces its results on October 27. Yap maintains a Neutral rating on the company with a price target of $196....
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Gridsum Is Riding The Digital Intelligence Wave
Tuesday, October 18, 2016 - 11:30am | 371Citi says Gridsum Holding Inc – ADR (NASDAQ: GSUM) could benefit from its early mover advantage and gain from rapid growth in China’s data analytic and digital intelligence markets. The brokerage has started coverage on Gridsum with a Buy rating and a target price of $21, implying a...
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Citi On Alibaba: Raising Price Target And Estimates
Monday, August 8, 2016 - 1:42pm | 340Citi maintains its Buy rating on the shares of Alibaba Group Holding Ltd (NYSE: BABA), while raising target price and estimates, ahead of its first-quarter results on August 11. For the first quarter, analyst Alicia Yap expects total revenues to grow 48.6 percent to RMB30.1 billion ($4.552 billion...
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Citi Trims JD.com Price Target Heading Into Q2 Earnings Release
Monday, August 8, 2016 - 10:56am | 329Citi’s Alicia Yap expects JD.Com Inc(ADR) (NASDAQ: JD) to report its 2Q16 mostly in line with expectations when it announced its results on August 10. Yap maintains a Buy rating on the company, while lowering the price target from $31 to $32. 2Q16 Expectations The analyst expects JD.com to...
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Citi Highlights Items To Watch For On Baidu's Q2 Earnings Call
Monday, July 25, 2016 - 2:34pm | 388Baidu Inc (ADR) (NASDAQ: BIDU) is set to announce second-quarter results on July 28, and Citi sees EPS lower than the Street's view. Citi forecast Baidu's gross revenue to be (Rmb18.15 billion) $2.75 billion, flat to Street's estimate of Rmb18.17 billion. Baidu has guided for revenue of...
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Citi Downgrades Baidu On Guidance Risk
Monday, June 13, 2016 - 9:04am | 281Citi’s Alicia Yap believes there could be risk of Baidu Inc (ADR) (NASDAQ: BIDU) not being able to meet its 2Q16 revenues guidance, while also potentially guiding to 3Q16 below the consensus expectations. Yap downgraded the rating on the company from Buy to Neutral and lowered the price...
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Baidu Analysts Mostly Positive Heading Into Earnings; Mobile Search Monetization In Focus
Monday, July 27, 2015 - 12:59pm | 812Baidu Inc (ADR) (NASDAQ: BIDU) is scheduled to report its second quarter results after Monday's market close. The Estimize community (based on 62 estimates) is calling for the company to earn $1.85 per share on revenue of $2.629 billion. This compares to the Wall Street consensus estimate...
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Barclays Sees Alibaba 'Breaching New Frontiers'
Thursday, October 23, 2014 - 9:13am | 130Analysts at Barclays initiated coverage of Alibaba Group Holding Ltd (NYSE: BABA) on Thursday with an Overweight rating and $107 price target. The team of analysts including Alicia Yap and Paul Vogel describe Alibaba as a "leading online commerce ecosystem" having upside potential for monetization...
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UPDATE: Barclays Capital Raises PT on NetEase Following Solid 2Q13 Results
Thursday, August 15, 2013 - 10:32am | 209In a report published Thursday, Barclays Capital analyst Alicia Yap reiterated an Overweight rating on NetEase (NASDAQ: NTES), and raised the price target from $74.00 to $76.00. In the report, Barclays Capital noted, “Following solid 2Q13 results, we reiterate our Overweight rating on NetEase...
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UPDATE: Barclays Capital Raises PT on SINA Following Solid 2Q13 Results
Tuesday, August 13, 2013 - 10:54am | 188In a report published Tuesday, Barclays Capital analyst Alicia Yap reiterated an Overweight rating on SINA (NASDAQ: SINA), and raised the price target from $72.00 to $84.00. In the report, Barclays Capital noted, “We maintain our OW rating on Sina and adjust our SOTP-based price target up to US...
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UPDATE: Barclays Capital Upgrades Baidu on Multiple Positive Factors
Thursday, July 25, 2013 - 10:38am | 169In a report published Thursday, Barclays Capital analyst Alicia Yap upgraded Baidu (NASDAQ: BIDU) from Equal-Weight to Overweight, and raised the price target from $98.00 to $153.00. In the report, Barclays Capital noted, “Three reasons for our rating upgrade: 1) 3Q13 revenue guidance indicates...
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UPDATE: Barclays Raises PT on Perfect World on Expected Turnaround
Wednesday, May 29, 2013 - 8:09am | 126In a report published on Wednesday, Barclays analyst Alicia Yap raised the price target on Perfect World (NASDAQ: PWRD) from $12.30 to $14.00 and maintained a rating of Equal-Weight. In the report, Barclays noted, "PWRD delivered stronger-than- expected results for 1Q13 and guides for 2Q13 to...
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Citigroup Maintains Buy Rating On Perfect World Co., Ltd. (PWRD)
Monday, May 17, 2010 - 10:32am | 82Analyst Alicia Yap at Citigroup has released an update on Perfect World Co., Ltd. (ADR) (NASDAQ: PWRD). The company has reported its first-quarter results. Perfect World reported first-quarter revenue of $91.6 million, which lower than Citi’s estimate of $92.7 million and consensus estimate of $93...