Mizuho Securities analyst James Lee maintained a Buy rating on Alibaba (BABA – Research Report) on January 7 and set a price target of $215.00. The company's shares closed last Wednesday at $127.74, close to its 52-week low of $108.70. According to TipRanks.com, Lee is a 4-star analyst with an average return of 11.4% and a 59.1% success rate. Lee covers the Technology sector, focusing on stocks such as Tencent Holdings Limited, Uber Technologies, and Alphabet Class A. Currently, the analyst consensus on Alibaba is a Strong Buy with an average price target of $192.65, representing a 50.4% upside.
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