Citigroup Maintains Buy on Alibaba Gr Holding, Raises Price Target to $151
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Alicia Yap has maintained a 'Buy' rating on Alibaba Group Holding (NYSE:BABA) and raised the price target from $149 to $151.
August 11, 2023 | 1:52 pm
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Alibaba's price target has been raised from $149 to $151 by Citigroup, which maintains a 'Buy' rating on the stock.
The raised price target and maintained 'Buy' rating by Citigroup indicates a positive outlook for Alibaba. This could potentially lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100