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Alibaba Group Holding Limited (NYSE: BABA)

07 December 2017

After $1.02 actual earnings per share reported by Alibaba Group Holding Limited for the previous quarter, Wall Street now forecasts 42.16% EPS growth.

Cadian Capital Management Lp increased Varonis Sys Inc (NASDAQ:VRNS) stake by 630,374 shares to 2.40M valued at $89.41 million in 2017Q2. (NYSE:ZAYO). Riverhead Capital Ltd Liability Company stated it has 0.03% in Zayo Group Holdings, Inc. The stock decreased 3.36% or $0.32 during the last trading session, reaching $9.2. The stock exchanged hands with 35,726,373 numbers of shares compared to its average daily volume of 18.06M shares. Alibaba Group Holding Limited (NYSE:BABA) has risen 57.33% since December 5, 2016 and is uptrending. It has outperformed by 40.63% the S&P500.The move comes after 9 months positive chart setup for the $439.19 billion company.

Among 14 analysts covering SecureWorks (NASDAQ:SCWX), 8 have Buy rating, 1 Sell and 5 Hold. Analysts review historical return data when trying to predict future returns or to estimate how a security might react to a particular situation, such as a drop in consumer demand. The rating was maintained by Robert W. Baird on Tuesday, October 17 with "Buy". Wedbush maintained it with "Neutral" rating and $80 target in Wednesday, October 28 report. The rating was maintained by M Partners with "Buy" on Wednesday, April 19. BMO Capital Markets maintained the shares of BBG in report on Monday, June 26 with "Hold" rating. The company was maintained on Monday, November 13 by Wells Fargo. The company was downgraded on Friday, March 11 by Northcoast.

When we look at the Analyst Recommendations of the stock, the company has 1.08 rating given by Analysts where 1 stands for Strong Buy and 5 stands for Strong Sell. Therefore 95% are positive. Finally, BidaskClub raised Alibaba Group from a "buy" rating to a "strong-buy" rating in a research note on Thursday, August 10th. SunTrust Banks assumed coverage on shares of Alibaba Group in a research report on Tuesday, August 15th. Jefferies maintained Alibaba Group Holding Limited (NYSE:BABA) on Monday, August 14 with "Buy" rating. The rating was reinitiated by Morgan Stanley with "Overweight" on Thursday, December 8. Tigress Financial maintained Alibaba Group Holding Limited (NYSE:BABA) on Thursday, November 30 with "Buy" rating.

Alibaba Group Holding Company Profile Alibaba Group Holding Limited is a holding company. Brean Capital has "Buy" rating and $98 target. The firm earned "Overweight" rating on Wednesday, August 2 by Barclays Capital.

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More notable recent Alibaba Group Holding Limited (NYSE:BABA) news were published by: "Reuters.com which released: "Exclusive: "Ford set for China tie-up with Alibaba to test online, direct auto ..." on December 06, 2017, also Seekingalpha.com with their article: "Amazon, Alibaba Renew Battle In A New Geography" published on December 02, 2017, Investorplace.com published: "Alibaba Group Holding Ltd Is Getting Grilled â€" What You Need to Know" on November 29, 2017.

ILLEGAL ACTIVITY WARNING: "Dai Ichi Life Insurance Company Ltd Purchases 6,640 Shares of Alibaba Group Holding Limited (NYSE:BABA)" was published by Dispatch Tribunal and is owned by of Dispatch Tribunal. They expect $1.45 EPS, up 33.03% or $0.36 from last year's $1.09 per share. BABA's profit will be $3.72 billion for 29.78 P/E if the $1.45 EPS becomes a reality. Schwab Charles Investment Management Inc.'s holdings in Alibaba Group were worth $51,048,000 at the end of the most recent reporting period.

Investors sentiment decreased to 0.73 in Q2 2017. The stock witnessed -7.78% declines, 0.49% gains and 34.48% gains for the 1-month, 3-month and 6-month period, respectively. It increased, as 7 investors sold TeleTech Holdings, Inc. shares while 45 reduced holdings. 2 funds opened positions while 6 raised stakes. Massachusetts-based Panagora Asset Management has invested 0.01% in MSA Safety Incorporated (NYSE:MSA).

The market capitalization (Stock Price Multiply by Total Number of Outstanding Shares) for the company is reported at $441.26B. California-based California Pub Employees Retirement System has invested 0% in CareDx, Inc (NASDAQ:CDNA). Gagnon Advsr Ltd Liability Corp has invested 0.91% in CareDx, Inc (NASDAQ:CDNA).

Alibaba Group Holding Limited (NYSE: BABA)