Form 6-K Alibaba Group Holding For: May 26

Go back to Form 6-K Alibaba Group Holding For: May 26

Alibaba (BABA) PT Lowered to $158 at Goldman Sachs

May 27, 2022 6:27 AM EDT

Goldman Sachs analyst Ronald Keung lowered the price target on Alibaba (NYSE: BABA) to $158.00 (from $185.00) while maintaining a Buy rating following earnings.

trim revenue forecasts in FY23E/24E/25E by 4%/6%/7%, with the majority of revenue cut on Cloud... More