Mizuho Maintains Buy on Alibaba Gr Holding, Lowers Price Target to $92
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst James Lee maintains a Buy rating on Alibaba Group Holding (NYSE:BABA) but lowers the price target from $95 to $92.

May 15, 2024 | 11:07 am
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Mizuho analyst James Lee maintains a Buy rating on Alibaba Group Holding but lowers the price target from $95 to $92.
The Buy rating suggests continued confidence in Alibaba's long-term prospects, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100