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The Sell Side Weighs In On Baidu Following Last Week's Earnings
Monday, October 31, 2016 - 3:43pm | 647Read More...Shares of Baidu Inc (ADR) (NASDAQ: BIDU) were hit with a couple of downgrades following its third quarter revenue drop and weak fourth-quarter top-line outlook. Baidu’s third-quarter revenue fell 0.7 percent to Rmb18.253 billion, largely in line with consensus. Adjusted diluted EPS of Rmb 9...
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Macquarie Trims Alibaba Profit Expectations: Here's Why
Tuesday, January 26, 2016 - 12:25pm | 345Read More...Alibaba Group Holding Ltd (NYSE: BABA) shared have declined 32.4 percent over the past year, almost touching their 52-week low on September 28, 2015 at $57.39. Macquarie’s Wendy Huang has maintained a Neutral rating and price target of $80 on the company. Although the current stock...
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Long-Time Alibaba Bull Just Slashed His Price Target
Wednesday, September 16, 2015 - 11:09am | 369Read More...Alibaba Group Holding Ltd (NASDAQ: BABA) declined 37 percent year-to-date, falling to a post-IPO low. MKM Partners' Rob Sanderson slashed the firm's price target from $105 to $85, a near 20 percent decline. Though MKM is taking a more cautious tone on the stock, Sanderson...
