DZ Bank Upgrades Alibaba Gr Holding to Buy, Announces $120 Price Target
Portfolio Pulse from richadhand@benzinga.com
DZ Bank analyst Manuel Muhl has upgraded Alibaba Gr Holding (NYSE:BABA) from Hold to Buy and announced a $120 price target.
August 11, 2023 | 1:25 pm
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Alibaba Gr Holding has been upgraded from Hold to Buy by DZ Bank, with a new price target of $120.
The upgrade from Hold to Buy by DZ Bank indicates a positive outlook for Alibaba Gr Holding. The new price target of $120 suggests that the analyst believes the stock has significant upside potential. This could lead to increased investor interest and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100