Macquarie Upgrades Alibaba (BABA) to Outperform

August 12, 2016 7:13 AM EDT
Get Alerts BABA Hot Sheet
Price: $97.47 +1.47%

Rating Summary:
    36 Buy, 2 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 22 | Down: 16 | New: 12
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Macquarie upgraded Alibaba (NYSE: BABA) from Neutral to Outperform with a price target of $110.00 (from $76.00).

For an analyst ratings summary and ratings history on Alibaba click here. For more ratings news on Alibaba click here.

Shares of Alibaba closed at $91.77 yesterday.

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