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Susquehanna initiates Alibaba

Published 12/06/2017, 10:24 AM
© Reuters.  Susquehanna initiates Alibaba
BABA
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  • Susquehanna initiates Alibaba (NYSE:BABA) with a Positive rating and $220 price target.
  • The firm cites the “impressive” Taobao and Tmall retail platforms and says the ad businesses have “ample runway ahead.”
  • Alibaba shares are up 0.88%.
  • Previously: Ford, Alibaba set for tie-up in China (Dec. 6)
  • Now read: Seeking Alpha's Weekly Media, Tech, And Finance News Round-Up


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