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Stifel Downgrades Alibaba On Counterfeit Issue, Regulatory Risk & Weak Monetization
Thursday, January 29, 2015 - 2:09pm | 314Alibaba Group Holding Ltd (NYSE: BABA) was downgraded at Stifel Research from Buy to Hold on Thursday. According to a Barron's Asia blog, the research firm cited “regulatory risk and the weaker-than-expected monetization rates” as two of the main reasons behind the downgrade...