Baird Maintains Outperform on Alibaba Gr Holding, Raises Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Colin Sebastian maintains an Outperform rating on Alibaba Gr Holding (NYSE:BABA) and raises the price target from $115 to $120.
August 11, 2023 | 11:59 am
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POSITIVE IMPACT
Baird analyst maintains Outperform rating on Alibaba and raises the price target to $120. This could potentially lead to a positive sentiment among investors.
The raised price target by Baird analyst indicates a positive outlook for Alibaba. This could potentially lead to increased investor confidence and a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100