Alibaba (BABA) call put ratio 1 call to 3.5 puts

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Alibaba (BABA) PT Raised to $117 at BofA Securities

January 21, 2025 5:17 AM EST

BofA Securities analyst Joyce Ju raised the price target on Alibaba (NYSE: BABA) to $117.00 (from $112.00) while maintaining a Buy rating.

The analyst comments "We expect BABA to report 3QFY25 results in mid-late February. We estimate total revs +9% YoY to RMB283.5b, 2% above the Street... More