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Bob Peck Reiterates Buy, $100 Target For Alibaba
Tuesday, January 26, 2016 - 9:23am | 351Read More...Shares of Alibaba Group Holding Ltd (NYSE: BABA) have declined 32.4 percent over the past year, falling almost to their 52 week low on September 28, 2015, at $57.39. Robert S. Peck of SunTrust Robinson Humphrey has reiterated a Buy rating and price target of $100 on the company. With the...
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Does Wall Street Still Love Alibaba?
Wednesday, October 28, 2015 - 11:04am | 1003Read More...Shares of Alibaba Group Holding Ltd (NYSE: BABA) have lost nearly 25 percent of its value year-to-date. The stock surged as high as $85.24 on Tuesday following its second-quarter print, but gave up most of its gains and closed the day $79.41. Analyst at Wedbush highlighted ongoing macro...
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Superstar Analyst Bob Peck Went To China; Here's What We Learned
Monday, September 21, 2015 - 2:29pm | 682Read More...Bob Peck of SunTrust Robinson Humphrey spent two weeks travelling through China; he also visited India while abroad. Peck met with management teams from Alibaba Group Holding Ltd (NYSE: BABA) and JD.Com Inc(ADR) (NASDAQ: JD). Peck noted national brands continue to "dominate" in China; Alibaba and...
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Why China Isn't Killing Alibaba
Friday, August 28, 2015 - 2:07pm | 366Read More...Investors who correlate China's economic woes as being a bearish sign for its largest e-commerce player, Alibaba Group Holding Ltd (NYSE: BABA), may be mistaken. That is, at least according to MKM Partners latest survey involving Chinese consumers. Barron's posted MKM Partners latest survey of...
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Calls Of Note: Wall Street Research Moving The Market On Thursday
Thursday, August 13, 2015 - 1:35pm | 1224Read More...The following represents a hand-picked selection of notable research curated by an analyst known in some circles as "The Sith Overlord Of The Street." Morgan Stanley: Initiating Intercept Pharmaceutical At Underperform Andrew Berens of Morgan Stanley initiated coverage of Intercept Pharmaceuticals...
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Most Of Wall Street Bullish On Alibaba
Thursday, August 13, 2015 - 10:19am | 819Read More...Shares of Alibaba Group Holding Ltd (NYSE: BABA) sold off on Wednesday, trading at a historical all-time low of $71.03, after the company reported first-quarter results in which sales fell short of expectations. By Thursday, many Wall Street analysts defended the stock and reiterated bullish...
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Will Alibaba's Stock Hit Triple Digits Once Again?
Monday, August 10, 2015 - 10:36am | 478Read More...Shares of Alibaba Group Holding Ltd (NYSE: BABA) peaked at $120.00 last November and have been trading below the $100-mark for most of 2015. As investors anxiously await for its first-quarter results on Wednesday, the question remains when (or if) shares will once again trade in the triple-digits...
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Alibaba Announces Launch Of Korea Pavilion On Tmall
Monday, May 18, 2015 - 4:19pm | 333Read More...Chinese eCommerce giant Alibaba Group Holding Ltd (NYSE: BABA) on Monday announced the launch of the Korea Pavilion on its Tmall.com platform. According to a company press release, the Korea Pavilion is the first official online country pavilion that will be dedicated toward providing consumers...
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Alibaba: Investing Abroad Key To Surviving Next 100 Years
Thursday, May 14, 2015 - 8:37am | 297Read More...By many definitions, Alibaba Group Holding Ltd (NYSE: BABA) has conquered the local Chinese e-commerce market. However, this isn't enough for the company's new Chief Executive Officer Daniel Zhang, who said the company needs to look outside of China to remain relevant over the long-term. Zhang,...
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Alibaba, China Telecom Unveils Mobile Phones For Rural Users
Friday, April 24, 2015 - 10:36am | 285Read More...Alibaba Group Holding Ltd (NYSE: BABA) and China Telecom Corporation Limted (NYSE: CHA) jointly announced on Friday they will begin selling inexpensive mobile phones with software developed for online shopping to spread e-commerce access to China's less affluent and rural population, according to...
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The Brewing Battle Between Alibaba And JD.com
Wednesday, April 15, 2015 - 2:49pm | 327Read More...Familiar with JD.Com Inc (ADR) (NASDAQ: JD)? JD.com is the second-largest e-commerce company in China, only trailing –- from far behind -- Alibaba Group Holding Ltd (NYSE: BABA). The Brewing Battle On Wednesday, JD.com launched a new cross-border online sales platform, JD...
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Pacific Crest Just Slashed Its Alibaba Price Target By 15%
Wednesday, April 15, 2015 - 11:59am | 409Read More...In a report published Tuesday, Pacific Crest analyst Cheng Cheng detailed a recent visit to China in a "fact finding" mission surrounding Internet related business activity after the Chinese New Year. According to Cheng, the tone was "positive" around demand for the Internet...
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Ambarella Has 'Material Upside Opportunity' In Xiaomi's Action Camera
Monday, April 6, 2015 - 2:45pm | 208Read More...In a report published Sunday, Pacific Crest analyst Brad Erickson commented that China-based Xiaomi Inc. aspires to create the action camera market in China. As such, Ambarella Inc (NASDAQ: AMBA) should benefit as consumers flock to the category in a similar manner as seen in North America and...
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Brean Capital Highlights Recent Alibaba News Developments
Wednesday, December 31, 2014 - 8:56am | 185Read More...Fawne Jiang of Brean Capital highlighted in a note on Wednesday recent Alibaba Group Holding Ltd (NYSE: BABA) news developments, mostly from Chinese media sources, that investors should be aware of. Tmall Global disclosed that approximately 5,400 overseas brands from 25 countries have joined...
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Credit Suisse Assumes Coverage Of Youku Tudou
Wednesday, December 10, 2014 - 11:40am | 193Read More...Evan Zhou of Credit Suisse assumed coverage of Youku Tudou (NYSE: YOKU) on Wednesday with an Outperform rating and $22 price target. “Our recent industry checks show that brand advertisers are putting increasing emphasis on measurable return on investments when allocating budget,” Zhou wrote. The...
