Alibaba (BABA) Tops Q3 EPS by 17c, Revenues Rise 54%

Alibaba (BABA) PT Raised to $130 at Oppenheimer Following 3Q Report

Oppenheimer raised its price target on Alibaba (NYSE: BABA) to $130.00 (from $120.00) while maintaining a Outperform rating following the company's 3Q earnings report.

Analyst Jason Helfstein commented, "Following better F3Q:17 results, we are raising our target from $120 to $130, reflecting our bullish view on core... More

Alibaba (BABA) PT Raised to $122 at Jefferies Following 3Q Beat

Jefferies raised its price target on Alibaba (NYSE: BABA) to $122.00 (from $119.00) while maintaining a Buy rating following 3Q beat. Revenue grew 54% yoy to RMB53.2bn, 6.4% above Street.

Analyst Jessie Guo commented, "FY3Q17 results beat consensus and our estimates on both top... More

Needham & Company Maintains Bullish View on Alibaba (BABA) Following Strong Results

Needham & Company analyst Kerry Rice reiterated a Buy rating and $125 price target on Alibaba (NYSE: BABA) after the company "reported a strong Dec quarter with its China Commerce and International businesses providing the upside. Within China Commerce, Online Marketing Services benefited from merchants... More

Alibaba (BABA) PT Raised to $133 at Instinet (Nomura)

Instinet (Nomura) analyst Jialong Shi raised its price target on Alibaba (NYSE: BABA) to $133.00 (from $129.00) while maintaining a Buy rating.

Shi commented, "Alibaba (Ali) reported better-than-expected FY3Q17 revenues (+54% YoY) and non-GAAP earnings (+36% YoY). Revenues exceeded consensus by 6%, driven by higher China retail... More

Alibaba (BABA) PT Raised to $116 at Baird

Baird raised its price target on Alibaba (NYSE: BABA) to $116.00 (from $110.00) while maintaining a Outperform rating.

Analyst Colin Sebastian commented, "BABA reported strong F3Q17 results above expectations, driven by a reacceleration in core commerce (+45% Y/Y) and to a lesser extent Cloud... More

Alibaba (BABA) PT Raised to $148 at Deutsche Bank

Deutsche Bank raised its price target on Alibaba (NYSE: BABA) to $148.00 (from $140.00) while maintaining a Buy rating following strong results.

The analyst commented, "Alibaba reported a strong Dec Q with total rev growth of 54% yoy, beating DBe by 7%. Non-GAAP EBITDA margin of 50.7%... More