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Morgan Stanley Reiterates Overweight Rating on Alibaba (BABA)

May 31, 2019 6:47 AM EDT

Morgan Stanley analyst Grace Chen reiterated an Overweight rating and $207.00 price target on Alibaba (NYSE: BABA) following Morgan Stanley's China Summit in Beijing on May 29-31. Management reiterated F20 revenue guidance.

Alibaba rolled out a new Taobao user interface in October 2018, featuring segmentation... More