Alibaba Group Prices US$2.65 Billion Offering of U.S. Dollar-denominated Senior Unsecured Notes and RMB17 Billion Offering of RMB-denominated Senior Unsecured Notes

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Go back to Alibaba Group Prices US$2.65 Billion Offering of U.S. Dollar-denominated Senior Unsecured Notes and RMB17 Billion Offering of RMB-denominated Senior Unsecured Notes

Citi Reiterates Buy Rating on Alibaba (BABA)

November 21, 2024 8:24 AM EST

Citi analyst Alicia Yap reiterated a Buy rating and $133.00 price target on Alibaba (NYSE: BABA)

The analyst comments "We are surprised by Alibaba announcement of establishing the Ecommerce Business Group integrating all commerce related platforms including Taobao Tmall Group, International Digital Commerce... More