Alibaba Group Announces Proposed Offering of Senior Unsecured Notes

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Susquehanna Reiterates Positive Rating on Alibaba (BABA)

November 18, 2024 6:03 AM EST

Susquehanna analyst Shyam Patil reiterated a Positive rating and $130.00 price target on Alibaba (NYSE: BABA).

The analyst comments "Our thoughts. BABA reported a mixed F2Q amid continued headwinds from the challenging Chinese macro environment. While we expect the near-term uncertainty... More