Form 6-K Alibaba Group Holding For: May 14
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Alibaba (BABA) PT Raised to $103 at BofA Securities
May 16, 2024 8:56 AM EDTBofA Securities analyst Joyce Ju raised the price target on Alibaba (NYSE: BABA) to $103.00 (from $99.00) while maintaining a Buy rating.
The analyst comments "FY4Q24 results largely in-line with our est. and consensus, except GAAP Op and Np missing the expectations due to mark-to-market investment loss. Consolidated revs +7% YoY, driven by 4% growth in Taobao Tmall Group (TTG).... More
