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Market Sentiment Improving On Alibaba Thanks To Robust Results, Investor Day And Company Focus
Wednesday, September 28, 2016 - 11:01am | 359Read More...Daiwa Capital Markets reiterated its Buy rating on Alibaba Group Holding Ltd (NYSE: BABA) on improving market sentiment and raised the price target by $15 to $125, implying a potential return of 15.4 percent. "In our view, accelerating core e-commerce revenue growth and the top-of-the-class...
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NetEase Scores Upgrade To Buy From Daiwa
Wednesday, September 21, 2016 - 11:33am | 292Read More...Daiwa Capital Markets has upgraded NetEase Inc (ADR) (NASDAQ: NTES) from Buy to Outperform based on multiple catalysts. Analysts John Choi and Alex Liu also boosted the price target from $235 to $290 on the expectation of better revenue growth in the second half of the current year. The brokerage...
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JD.com In Midst Of This 'Robust' Trend
Thursday, March 3, 2016 - 3:13pm | 285Read More...Daiwa has upgraded China's online retailer JD.Com Inc (ADR) (NASDAQ: JD) to Buy from Outperform as it sees improving visibility on both the revenue growth and net profit margin improvement in 2016. "We recommend investors to buy into the strong results, and after talking to management...
