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Home>Cantor Fitzgerald says 'buy' Alibaba

Cantor Fitzgerald says 'buy' Alibaba

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Fri, 19 Sep 2014

Cantor Fitzgerald initiated coverage of Alibaba Group Holding's shares (BABA) early Friday, the day they are set to begin trading on the NYSE, with a buy rating and $90 price target. The target represents a 32% premium over Alibaba's initial public offering price of $68 a share, which was priced
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