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Alibaba Is 'Well-Girded' To Dominate, Deutsche Bank Lifts Target To $138
Thursday, September 29, 2016 - 10:09am | 368Citing 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...