Scalper1 News
Saying the Alipay e-commerce affiliate of Alibaba (BABA) has extended its first-mover advantage in its strategy to attract mobile shoppers, investment bank JG Capital on Monday maintained an overweight rating on Alibaba stock and it price target of 135. Alibaba, though, was down nearly 3% in early afternoon trading in the stock market today, near 101. Alibaba stock is up 49% since it priced its September IPO at 68. JG Capital’s report comes just Scalper1 News
Scalper1 News