Baird Maintains Outperform on Alibaba Group Holding, Lowers Price Target to $270
Baird analyst Colin Sebastian maintains Alibaba Group Holding (NYSE:BABA) with a Outperform and lowers the price target from $285 to $270.
Benchmark Maintains Buy on Alibaba Group Holding, Lowers Price Target to $285
Benchmark analyst Fawne Jiang maintains Alibaba Group Holding (NYSE:BABA) with a Buy and lowers the price target from $310 to $285.
Truist Securities Maintains Buy on Alibaba Group Holding, Lowers Price Target to $290
Truist Securities analyst Youssef Squali maintains Alibaba Group Holding (NYSE:BABA) with a Buy and lowers the price target from $315 to $290.
10 Biggest Price Target Changes For Friday
Rosenblatt lowered Coinbase Global, Inc. (NASDAQ: COIN) price target from $450 to $400. Coinbase Global shares rose 2.4% to $271.46 in pre-market trading.
A Peek Into The Markets: US Stock Futures Rise Ahead Of Economic Data
Pre-open movers
U.S. stock futures traded higher in early pre-market trade ahead of several economic reports. The Dow Jones surged more than 400 points in the previous session, recovering from a sharp sell-off earlier in the week.
Keybanc Maintains Overweight on Alibaba Group Holding, Lowers Price Target to $275
Keybanc analyst Hans Chung maintains Alibaba Group Holding (NYSE:BABA) with a Overweight and lowers the price target from $305 to $275.
Cathie Wood Sheds $33.6M Alibaba Shares On Earnings Day
Cathie Wood-led Ark Investment Management on Thursday shed 162,840 shares, worth about $33.6 million, in Alibaba Group Holding (NYSE: BABA) after the company posted its first operating loss as a listed company, as a record regulatory fine it was
Earnings Scheduled For May 13, 2021
Companies Reporting Before The Bell
• CASI Pharmaceuticals (NASDAQ:CASI) is estimated to report quarterly loss at $0.06 per share on revenue of $5.05 million.
Why Jumia Could Be Worth More In Sum Of Parts Valuation
Shares of Jumia Technologies (NYSE: JMIA) went on quite the ride Tuesday after reporting first-quarter financial results.