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Yatsen IPO: What Investors Should Know About Chinese Beauty E-Com Company
Thursday, November 19, 2020 - 8:26am | 444Read More...A leading Chinses beauty e-commerce company will hit the public market Thursday. The Offering: Yatsen (NYSE: YSG) plans on selling 58.75 million ADS at a price point of $8.50 to $10.50. The company says it has the no. 1 online color cosmetics brand in China with Perfect Diary. Little Ondine is...
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Alibaba Could Shatter Singles Day Record With 3 More Shopping Days
Saturday, October 31, 2020 - 8:39am | 333Read More...Singles Day on Nov. 11 is an unofficial Chinese holiday. The holiday has surpassed Cyber Monday as the largest online shopping day of the year globally. What Happened: Alibaba Group Holding Ltd (NYSE: BABA) owns the trademark to Singles Day and is the largest participating retailer....
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Cowen: Nike's Chinese Growth Unthreatened By NBA Turmoil
Sunday, October 13, 2019 - 3:52pm | 459Read More...NBA games during the upcoming season could be further restricted in China, but Cowen said it's is skeptical it will materially affect Nike Inc (NYSE: NKE)'s most profitable region. The Analyst John Kernan reiterated an Outperform rating on Nike with a $105 price target...
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Tapestry Strikes Strategic Alliance With Alibaba's Tmall
Thursday, September 12, 2019 - 7:27am | 350Read More...Tapestry, Inc. (NYSE: TPR), the New York-based house of luxury accessories and lifestyle brands, said Thursday it has partnered with with Alibaba Group Holding Ltd - ADR (NYSE: BABA)'s Tmall, a China-focused e-commerce platform. Tapestry said it will be one of the first companies to collaborate...
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Macy's Q1 Earnings Report: What You Need To Know
Wednesday, May 16, 2018 - 7:56am | 398Read More...Macy's Inc (NYSE: M) reported its first-quarter results, which sent shares higher by more than 8 percent to trade above its 52-week high of $32.45 in the pre-market session. What Happened Macy's said it earned 48 cents per share in the first quarter on revenue of $5.54 billion, which...
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Why This Analyst Says Investors Should Buy Alibaba's Recent Weakness
Friday, December 15, 2017 - 12:21pm | 420Read More...Shares of Alibaba Group Holding Ltd (NYSE: BABA) peaked just north of $190 in November but have since fallen $20 per share, prompting at least one Wall Street analyst to encourage investors to buy on the dip. The Analyst MKM Partners' Rob Sanderson maintains a Buy rating on Alibaba's...
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Wal-Mart Finds A Big Partner In China
Tuesday, June 21, 2016 - 12:06pm | 345Read More...Wal-Mart Stores, Inc. (NYSE: WMT) is aggressively attempting to adapt to the global shift to e-commerce, and the company’s most recent move is to abandon its plans to take on the Chinese e-commerce market alone. Instead of fighting for market share in an extremely crowded and difficult...
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10 Topics For Alibaba's Analyst Day
Friday, June 10, 2016 - 7:22am | 341Read More...Alibaba Group Holding Ltd (NYSE: BABA) is scheduled to host its analyst day on June 14, in Hangzhou. Robert "Bob" Peck of SunTrust Robinson Humphrey maintains a Buy rating on the company, with a price target of $90. 10 Topic Areas “Investors we speak with are looking forward to a deeper...
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Credit Suisse Raises Target On Alibaba To $100
Friday, May 6, 2016 - 7:46am | 260Read More...Alibaba Group Holding Ltd (NYSE: BABA) reported its CY 1Q16 results, with the revenue beating the consensus and the estimate. Credit Suisse’s Dick Wei maintains an Outperform rating on the company, while raising the price target from $96 to $100. 1Q Results Wei mentioned that the revenue beat...
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Bob Peck Reiterates Buy, $100 Target For Alibaba
Tuesday, January 26, 2016 - 8:23am | 351Read More...Shares of Alibaba Group Holding Ltd (NYSE: BABA) have declined 32.4 percent over the past year, falling almost to their 52 week low on September 28, 2015, at $57.39. Robert S. Peck of SunTrust Robinson Humphrey has reiterated a Buy rating and price target of $100 on the company. With the...
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Does Wall Street Still Love Alibaba?
Wednesday, October 28, 2015 - 10:04am | 1003Read More...Shares of Alibaba Group Holding Ltd (NYSE: BABA) have lost nearly 25 percent of its value year-to-date. The stock surged as high as $85.24 on Tuesday following its second-quarter print, but gave up most of its gains and closed the day $79.41. Analyst at Wedbush highlighted ongoing macro...
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Superstar Analyst Bob Peck Went To China; Here's What We Learned
Monday, September 21, 2015 - 1:29pm | 682Read More...Bob Peck of SunTrust Robinson Humphrey spent two weeks travelling through China; he also visited India while abroad. Peck met with management teams from Alibaba Group Holding Ltd (NYSE: BABA) and JD.Com Inc(ADR) (NASDAQ: JD). Peck noted national brands continue to "dominate" in China; Alibaba and...
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Why China Isn't Killing Alibaba
Friday, August 28, 2015 - 1:07pm | 366Read More...Investors who correlate China's economic woes as being a bearish sign for its largest e-commerce player, Alibaba Group Holding Ltd (NYSE: BABA), may be mistaken. That is, at least according to MKM Partners latest survey involving Chinese consumers. Barron's posted MKM Partners latest survey of...
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Calls Of Note: Wall Street Research Moving The Market On Thursday
Thursday, August 13, 2015 - 12:35pm | 1224Read More...The following represents a hand-picked selection of notable research curated by an analyst known in some circles as "The Sith Overlord Of The Street." Morgan Stanley: Initiating Intercept Pharmaceutical At Underperform Andrew Berens of Morgan Stanley initiated coverage of Intercept Pharmaceuticals...
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Most Of Wall Street Bullish On Alibaba
Thursday, August 13, 2015 - 9:19am | 819Read More...Shares of Alibaba Group Holding Ltd (NYSE: BABA) sold off on Wednesday, trading at a historical all-time low of $71.03, after the company reported first-quarter results in which sales fell short of expectations. By Thursday, many Wall Street analysts defended the stock and reiterated bullish...
