Scalper1 News
Brokerage and investment manager Stifel Nicolaus upgraded China e-commerce leader Alibaba (BABA) to buy from hold, saying that the stock is attractively priced ahead of a post-IPO lockup expiration on Wednesday. Analyst George Askew wrote in a research note late Monday that the “headline risk” associated with accusations of Alibaba selling counterfeit goods on its websites has largely passed, now that Alibaba has gone on a campaign against fakes Scalper1 News
Scalper1 News