Alibaba Price Target Raised On E-Commerce Acceleration, Profit Growth - Investor's Business Daily

Alibaba Price Target Raised On E-Commerce Acceleration, Profit Growth - Investor's Business Daily

Investor's Business Daily

Alibaba Price Target Raised On E-Commerce Acceleration, Profit Growth Investor's Business Daily Early this month Alibaba reported fiscal fourth-quarter earnings that topped views, with strong growth in e-commerce and cloud computing. It guided full-year revenue growth above analyst estimates. Core commerce revenue jumped 62% to $8.2 billion and ... and more »