Page 60 - Ababa News Today

Alibaba Group (NYSE:BABA – Get Free Report) had its price target increased by equities research analysts at Robert W. Baird from $115.00 to $120.00 in a research note issued on Friday, MarketBeat.com reports. The brokerage currently has an “outperform” rating on the specialty retailer’s stock. Robert W. Baird’s price target points to a potential upside […]

Alibaba Group (NYSE:BABA – Get Free Report) had its target price hoisted by research analysts at Citigroup from $149.00 to $151.00 in a report issued on Friday, MarketBeat Ratings reports. The brokerage presently has a “buy” rating on the specialty retailer’s stock. Citigroup’s price objective would indicate a potential upside of 57.75% from the stock’s […]

Thornburg Investment Management Inc. lifted its holdings in Alibaba Group Holding Limited (NYSE:BABA – Free Report) by 23.4% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 626,807 shares of the specialty retailer’s stock after purchasing an additional 118,938 shares during the period. […]

Vista Private Wealth Partners. LLC trimmed its stake in shares of Alibaba Group Holding Limited (NYSE:BABA – Free Report) by 11.9% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,563 shares of the specialty retailer’s stock after selling 345 shares during […]

Alibaba Group (NYSE:BABA – Get Free Report) announced its earnings results on Thursday. The specialty retailer reported $17.37 EPS for the quarter, topping the consensus estimate of $14.59 by $2.78, Briefing.com reports. Alibaba Group had a net margin of 9.45% and a return on equity of 12.54%. The company had revenue of $234.16 billion during […]

U.S. companies are already heavily restricted from investing in China but potential future curbs on exports are likely to be a bigger deal.

Walt Disney trades higher after the entertainment giant says it will be raising prices for its streaming services, Tapestry is acquiring Capri, the parent...

By Bingyan Wang Chinese e-commerce giant Alibaba Group Holding posted a 51% on-year increase in first-quarter net profit, driven by higher revenue. Net...

Chief Executive Daniel Zhang said the company's reorganization was "beginning to unleash new energy across our businesses."

Sompo Asset Management Co. Ltd. grew its stake in Alibaba Group Holding Limited (NYSE:BABA – Free Report) by 20.2% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,760 shares of the specialty retailer’s stock after purchasing an additional 2,310 shares […]