Alibaba (NYSE: BABA) Down After Bearish Report

Alibaba, of course, disagreed, and on Sunday followed with a lengthy response, going through Laing’s argument on an nearly point-by-point basis, adding that the story, “lacks three key ingredients – integrity, professionalism, and fair play”. Banking on this development, Alibaba is also improving its online to offline (O2O) services, to extract additional gains from greater mobile usage in China.

Specifically, Alibaba said it is fallacious for Laing to compare the company’s price-to-earnings ratio, which at 39 is high for Internet players, to eBay (EBAY) because the US e-commerce titan does not operate in China.

In terms of sports, football clubs Bayern Munich and Real Madrid, National Basketball Association star Kobe Bryant and other companies have entered into partnerships with Alibaba in the past six months, according to reports. Vetr cut shares of Alibaba Group Holding from a strong-buy rating to a buy rating and set a $90.87 target price for the company.in a research note on Monday, July 13th.

Yahoo (YHOO -2.9%), whose 384M-share Alibaba stake is now worth $24B, is along for the ride.

The Barron’s story further attests that complaints regarding Alibaba’s handling of the issue of counterfeit goods being sold on its sites could also threaten the immediate future of its market value.

This deal comes as Alibaba has expanded its film offerings via a deal with NBCUniversal global , a multi-year licensing pact that includes $1 billion-topping blockbusters “Fast & Furious 7”, “Jurassic World”. The most aggreseive analyst sees the company posting earnings of $2.37 for the year, while the most conservative analyst has a number of $1.35.

Shares of Chinese e-commerce powerhouse Alibaba fell almost 4 percent on Monday after a report in Barron’s said the company’s shares were due to decline.

“The larger issue is slowing consumer spending in China”, he said.

Alibaba’s woes since its IPO might have taken a few of the shine off its shares, nevertheless it hasn’t soured Wall Road on the corporate’s long-term prospects.

The cover story, published on September 12, predicted more problems for the Chinese e-commerce giant and criticized analysts’ 50 percent upside estimates for the stock price. The purchase values Solera stock at $55.85 dollars, a 13% premium to it’s closing price Friday.

The most bullish outlook on the stock was recently reinstated by analyst Andrew Orchard at Nomura Securities, who rates the stock a Buy, with a $116 price target.