Scalper1 News
The price-target slash attack on China e-commerce giant Alibaba Group (BABA) continued, while Cisco Systems (CSCO) and others received price target increases Thursday. After several analysts cut their price target on Alibaba stock Thursday morning, following its quarterly earnings the day before, others followed. Credit Suisse cut Alibaba to 105 from 114. HSBC cut it to 117 from 124. Price cuts also came from MKM Partners and Axiom Securities. Scalper1 News
Scalper1 News