Benchmark Reiterates Buy on Alibaba Gr Hldgs, Maintains $118 Price Target
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Fawne Jiang reiterates a Buy rating on Alibaba Group Holdings (NYSE:BABA) and maintains a $118 price target.
August 16, 2024 | 5:25 pm
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Benchmark analyst Fawne Jiang reiterates a Buy rating on Alibaba Group Holdings (NYSE:BABA) and maintains a $118 price target.
The reiteration of a Buy rating and the maintenance of a $118 price target by a reputable analyst can boost investor confidence in Alibaba's stock, potentially leading to a short-term price increase.
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