Benchmark Reiterates Buy on Alibaba Gr Holding, Maintains $150 Price Target
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Fawne Jiang has reiterated a Buy rating on Alibaba Group Holding (NYSE:BABA) and maintained a price target of $150.
November 17, 2023 | 4:23 pm
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Benchmark analyst Fawne Jiang reaffirms a Buy rating on Alibaba Group Holding with a steady price target of $150.
The reiteration of a Buy rating by a Benchmark analyst, along with the maintenance of a $150 price target, is a positive endorsement for Alibaba. This could instill confidence in investors and potentially lead to a short-term increase in the stock price, assuming market conditions do not change significantly.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100