Morning Movers to Watch- Alibaba Group Holding Limited (NYSE:BABA)

Joanna Estrada
November 15, 2017

The stock of Alibaba Group Holding Ltd (NYSE:BABA) has "Buy" rating given on Monday, June 12 by Deutsche Bank.

The company is trading down by 1.22% percent from yesterday's close. About 121,711 shares traded. About shares traded. EOG Resources Inc (NYSE:EOG) has risen 17.15% since November 14, 2016 and is uptrending. It has outperformed by 40.63% the S&P500.

Cortland Associates Inc decreased Alibaba Gp Hldg Ltd (BABA) stake by 1.8% reported in 2017Q2 SEC filing. Westport Asset Management Inc reported 25,000 shares. The institutional investor held 8,607 shares of the consumer services company at the end of 2017Q2, valued at $1.06 million, up from 5,793 at the end of the previous reported quarter. Wal now has $271.81B valuation. The stock decreased 0.59% or $0.54 during the last trading session, reaching $91.02. It has underperformed by 1.17% the S&P500. Bank of America maintained Alibaba Group Holding Ltd (NYSE:BABA) rating on Monday, October 16. They expect $0.34 EPS, up 3.03% or $0.01 from last year's $0.33 per share. BABA's profit will be $3.71 billion for 31.82 P/E if the $1.45 EPS becomes a reality.

Oppenheimerfunds, Inc. lowered its ownership in Alibaba Group Holding Ltd by 4,411,132 shares as reported in a filing on 11/14/2017.

Columbia Partners Llc Investment Management increased Comcast Corp Cl A (NASDAQ:CMCSA) stake by 33,147 shares to 193,411 valued at $7.53M in 2017Q2.

More important recent Hexcel Corporation (NYSE:HXL) news were published by: Nasdaq.com which released: "Harvey Investment Co Llc Buys Hexcel Corp, DowDuPont Inc, Duke Energy Corp ..." on October 19, 2017, also Nasdaq.com published article titled: "Hexcel Corporation (HXL) Ex-Dividend Date Scheduled for October 31, 2017", Globenewswire.com published: "Hexcel and UTC Aerospace Systems Extend Existing Contract Through 2030" on October 30, 2017. The stock of Gartner Inc (NYSE:IT) has "Buy" rating given on Wednesday, August 9 by Credit Suisse. One analyst has rated the stock with a sell rating, one has given a hold rating, thirty-two have assigned a buy rating and two have assigned a strong buy rating to the stock. Therefore 79% are positive. The average 12 month price target among brokerages that have issued a report on the stock in the previous year is $184.37.

The analysts offering 12 month price targets for Alibaba Group Holding Limited have a median target of $217.3, with a high estimate of $245 and a low estimate of $185. The stock of Alibaba Group Holding Ltd (NYSE:BABA) has "Hold" rating given on Friday, August 14 by TH Capital. Robert W. Baird boosted their price target on shares of Alibaba Group Holding Limited from $190.00 to $210.00 and gave the stock an "outperform" rating in a report on Friday. Morgan Stanley maintained Gartner Inc (NYSE:IT) on Monday, October 23 with "Equal-Weight" rating. The firm has "Reduce" rating given on Thursday, April 20 by Standpoint Research. The firm has "Buy" rating given on Tuesday, May 9 by Needham. The firm has "Buy" rating given on Friday, August 12 by Jefferies.

Among 14 analysts covering Hexcel (NYSE:HXL), 7 have Buy rating, 0 Sell and 7 Hold. The rating was maintained by SunTrust on Thursday, November 2 with "Buy". The rating was maintained by Wunderlich with "Hold" on Tuesday, September 13. Therefore 77% are positive. Gartner Inc had 33 analyst reports since August 3, 2015 according to SRatingsIntel. Barclays Capital initiated the shares of BABA in report on Wednesday, March 29 with "Overweight" rating. The company was maintained on Tuesday, August 18 by Sterne Agee CRT. IBC upgraded the stock to "Sector Performer" rating in Monday, June 27 report. RBC Capital Markets has "Hold" rating and $7.0 target. The firm earned "Overweight" rating on Monday, January 25 by Atlantic Securities. The firm has "Buy" rating by BMO Capital Markets given on Thursday, August 10.

Analysts await Wal-Mart Stores Inc (NYSE:WMT) to report earnings on November, 16 before the open. A month ago, they told us to expect earnings of US$1.01 per share while three months ago their EPS consensus estimate was US$1.02. MCHP's profit will be $295.52 million for 17.92 P/E if the $1.27 EPS becomes a reality.

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