Alibaba shares open at three year-high as quarterly revenue rebounds
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Alibaba (BABA) PT Raised to $160 at Jefferies
February 20, 2025 1:58 PM ESTJefferies analyst Thomas Chong raised the price target on Alibaba (NYSE: BABA) to $160.00 (from $156.00) while maintaining a Buy rating.
The analyst comments "BABA reported Dec quarter results (link) with CMR, Cloud and TTG EBITA coming in ahead of expectations. Management highlights competitive... More
