Baird Maintains Outperform on Alibaba Gr Hldgs, Raises Price Target to $88
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Colin Sebastian maintains an Outperform rating on Alibaba Group Holdings (NYSE:BABA) and raises the price target from $85 to $88.
August 16, 2024 | 10:54 am
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POSITIVE IMPACT
Baird analyst Colin Sebastian maintains an Outperform rating on Alibaba Group Holdings and raises the price target from $85 to $88.
The raised price target and maintained Outperform rating by a reputable analyst can boost investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100