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Mt bigsky

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Mt bigsky

Re: None

Thursday, 01/14/2016 10:31:41 AM

Thursday, January 14, 2016 10:31:41 AM

Post# of 8268
From Barron's:
RBC Capital Markets maintains an Outperform rating with a target price of $95 a share, representing an upside of 36%.
Alibaba will likely report December Quarter (FQ3:16) results in early February – We are forecasting December Quarter revenue of RMB35.3 billion, above consensus at RMB32.8 billion. Our projections for EBITDA of RMB 20.1 billion(57% Margin) and Adjusted EPS of RMB6.09 are also above Street estimates of RMB17.3 billion (53% Margin) and RMB5.76, respectively. Based on intra-quarter data points and our model sensitivity work, we believe Street December Quarter estimates are reasonable, with upside bias.
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