Benchmark Reiterates Buy on Alibaba Group Holding, Maintains $180 Price Target
Portfolio Pulse from richadhand@benzinga.com
Benchmark analyst Fawne Jiang reiterates a Buy rating on Alibaba Group Holding (NYSE:BABA) and maintains a $180 price target.
June 21, 2023 | 1:08 pm
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Benchmark analyst Fawne Jiang reiterates a Buy rating on Alibaba Group Holding (NYSE:BABA) and maintains a $180 price target.
The news of Benchmark analyst Fawne Jiang reiterating a Buy rating on Alibaba Group Holding (NYSE:BABA) and maintaining a $180 price target is positive for the stock. This reaffirms the analyst's confidence in the company's growth potential and could lead to increased investor interest, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100