In a report released on August 28, James Lee from Mizuho Securities maintained a Buy rating on Alibaba (BABA - Research Report), with a price target of $160.00. The company's shares closed yesterday at $93.84.Lee covers the Technology sector, focusing on stocks such as Meta Platforms, DoorDash, and Alphabet Class A. According to TipRanks, Lee has an average return of 6.2% and a 54.31% success rate on recommended stocks. Alibaba has an analyst consensus of Strong Buy, with a price target consensus of $156.12, representing a 66.37% upside. In a report released on August 18, Deutsche Bank also maintained a Buy rating on the stock with a $160.00 price target.
https://www.tipranks.com/news/blurbs/mizuho-securities-reaffirms-their-buy-rating-on-alibaba-baba?utm_source=advfn.com&utm_medium=referral
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