Bernstein Maintains Market Perform on Alibaba Gr Holding, Raises Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
Bernstein analyst Robin Zhu maintains a Market Perform rating on Alibaba Gr Holding (NYSE:BABA) and raises the price target from $98 to $100.
August 11, 2023 | 11:39 am
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POSITIVE IMPACT
Alibaba's price target has been raised from $98 to $100 by Bernstein, maintaining a Market Perform rating.
The news of Bernstein raising Alibaba's price target and maintaining a Market Perform rating is directly related to Alibaba and is likely to have a positive impact on its stock price in the short term. Investors may see this as a sign of confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100