Popular stocks with increasing volume: BABA SMCI INTC PFE JD COIN MSTR MU

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Alibaba (BABA) PT Lowered to $130 at Susquehanna

August 19, 2024 6:02 AM EDT

Susquehanna analyst Shyam Patil lowered the price target on Alibaba (NYSE: BABA) to $130.00 (from $135.00) while maintaining a Positive rating.

The analyst comments "Our thoughts. Despite the choppy China macro, BABA continues to make progress on strategic initiatives such as AI, and while the... More