Third Point takes 1.6 million share stake in BlackRock, 4.5 million in Alibaba
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Alibaba (BABA) PT Raised to $180 at Stifel Ahead of 1Q Release
August 15, 2017 7:31 AM EDTStifel raised its price target on Alibaba (NYSE: BABA) to $180.00 (from $165.00) while maintaining a Buy rating ahead of the company's 1Q18 earnings report. Stifel raised estimates ahead of the report, reflecting continued momentum in the quarter. New revenue estimates of $7.28B, up 56% y/y,... More
Snap Inc (SNAP) PT Lowered to $15 at Cantor Fitzgerald Following 2Q
August 14, 2017 7:47 AM EDTCantor Fitzgerald lowered its price target on Snap Inc (NYSE: SNAP) to $15.00 (from $17.00) while maintaining a Neutral rating following the company's 2Q release. Both DAUs and ARPU came in below consensus expectations, causing revenue and EBITDA to miss by 2.4%/5.3% respectively. Cantor updated 2017 EPS estimates to $(2.60) from $(2.20), and... More
