China's Alibaba to break up empire into six units as Jack Ma returns home
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March 28, 2023 10:18 AM EDT
Morgan Stanley analyst Gary Yu reiterated an Overweight rating and $150.00 price target on Alibaba (NYSE: BABA).
The analyst comments "We believe the share price will rise in absolute terms over the next 60 days. This is because the stock has traded off recently,... More
March 28, 2023 10:04 AM EDT
Morgan Stanley analyst Gary Yu reiterated an Overweight rating and $150.00 price target on Alibaba (NYSE: BABA).
The analyst comments "We think the news will be a major positive catalyst for Alibaba's share price. Alibaba is trading at significant discount to our... More
March 28, 2023 9:08 AM EDT
Citi analyst Alicia Yap reiterated a Buy rating and $156.00 price target on Alibaba (NYSE: BABA).
The analyst comments "While we would not be surprised that Alibaba could decide to spin off certain business units like Cainiao or International Commerce as separately listed... More
