B of A Securities Maintains Buy on Alibaba Gr Holding, Raises Price Target to $142
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Eddie Leung maintains a Buy rating on Alibaba Gr Holding (NYSE:BABA) and raises the price target from $137 to $142.

August 11, 2023 | 12:11 pm
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Alibaba's price target has been raised from $137 to $142 by B of A Securities, maintaining a Buy rating.
The raised price target indicates the analyst's increased confidence in Alibaba's future performance. This could potentially attract more investors, driving the stock price up in the short term.
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IMPORTANCE 80
RELEVANCE 100