[New post] Analysts cut Alibaba share price targets as China e-commerce growth slows

sskarthik posted: "By Paul Carsten BEIJING (Reuters) - Analysts have cut their price targets for Alibaba Group Holding Ltd shares after the stock fell to a post-flotation low on Wednesday on weak earnings and concerns over China's economy. Alibaba's shares are now" Respond to this post by replying above this line New post on SKarthik.info Analysts cut Alibaba share price targets as China e-commerce growth slows by sskarthik By Paul Carsten BEIJING (Reuters) - Analysts have cut their price targets for Alibaba Group Holding Ltd shares after the stock fell to a post-flotation low on Wednesday on weak earnings and concerns over China's economy. Alibaba's shares are now at $73.38, hovering just above their initial public offering price of $68. The average target price fell from $106.82 on Tuesday to $99.09 on Thursday, according to a Thomson Reuters survey of 46 analysts. Read more... sskarthik | August 13, 2015 at 8:25 pm | Categories: Computers and Internet | URL: http://wp.me/p1eKZE-3eVl Comment    See all comments Unsubscribe to no longer receive posts from SKarthik.info. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://sskarthik.wordpress.com/2015/08/13/analysts-cut-alibaba-share-price-targets-as-china-e-commerce-growth-slows/ Thanks for flying with WordPress.com