Why Shares of Alibaba Are Rising Today
Shares of Chinese tech giant (NYSE: BABA) were trading more than 3% higher as of 12:26 p.m. ET Monday after a Wall Street analyst issued a new research note on the company and raised his price target on the stock.
In his note, analyst Jiong Shao maintained his overweight rating on Alibaba and hiked his price target by $45 to $190 per share, implying about 36% upside from current levels.
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Source Fool.com
Alibaba Group Holding Ltd ADR Aktie
143,40 €
0,70 %
Hohe Buy- und niedrige Sell-Zahlen bei Alibaba Group Holding Ltd ADR zeigen ein stark positives Sentiment.
Ein positives, wenn auch nicht starkes, Potenzial für Alibaba Group Holding Ltd ADR mit einem Kursziel von 160 € im Vergleich zu 143.4 €.
