Summit Research Incrementally Positive on Alibaba (BABA) Amid Succesful Singles Day
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UPDATE: Alibaba (BABA) Singles' Day GMV Hits $14.3B at Midnight
November 11, 2015 11:05 AM EST(Updated - November 11, 2015 11:22 AM EST)
Alibaba (NYSE: BABA) said Singles' Day GMV at $14.3 billion by midnight, according to Bloomberg, noting a display at the Beijing Media Center.
UPDATE - The following was posted to Twitter on... More
Alibaba's (BABA) Price Target Raised to $98 at Deutsche Bank as Singles Day Tracks Well Above Expectations
November 11, 2015 7:49 AM ESTDeutsche Bank maintained a Buy rating on Alibaba (NYSE: BABA) and raised its price target to $98.00 (from $89.00). Analyst Alan Hellawell III noted 'Singles Day' was tracking well above expectations.
"The successful implementation of multiple strategies adopted by Alibaba seems to have driven Singles Day... More
