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Goldman Sachs Weighs In On JD.com And Wal-Mart's Strategic Alliance
Tuesday, June 21, 2016 - 7:42am | 468JD.Com Inc (ADR) (NASDAQ: JD) has inked a strategic alliance with Wal-Mart Stores, Inc. (NYSE: WMT), covering business initiatives in both online and offline retail. Goldman Sachs’ David Jin maintained a Buy rating for JD.com, with a price target of $31. The analyst commented that the...
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Goldman's Five Key Points On Alibaba's Results & Share Buyback Program
Wednesday, August 12, 2015 - 4:33pm | 334Shares of Alibaba Group Holding Ltd (NYSE: BABA) closed down 5 percent on Wednesday after the company announced its Q1 financial results. Earnings came in at $0.59 per share, in line with the Street’s consensus; revenue of $3.270 billion, however, was slightly below consensus expectations,...