Popular stocks with increasing volume: SMCI PLTR BABA UBER INTC GME CLF ASTS AVGO SOFI

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Alibaba (BABA) PT Raised to $150 at Jefferies

February 12, 2025 10:15 AM EST

Jefferies analyst Thomas Chong raised the price target on Alibaba (NYSE: BABA) to $150.00 (from $144.00) while maintaining a Buy rating.

The analyst comments "Positive on Alibaba Cloud outlook. We expect Alibaba Cloud revenue to accelerate YoY benefiting from solid AI demand in Dec... More