Gary Yu, an analyst from Morgan Stanley, maintained the Buy rating on Alibaba (BABA – Research Report). The associated price target remains the same with $180.00.
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Gary Yu has given his Buy rating due to a combination of factors that suggest a positive outlook for Alibaba’s stock. Despite a slight reduction in revenue forecasts for the fiscal years 2026-27, the company is expected to benefit from improved cloud margins and a faster reduction in losses than initially anticipated. These factors contribute to a favorable risk-reward scenario for Alibaba.
Furthermore, the price target remains unchanged, indicating confidence in the stock’s potential to reach its valuation. The upside to the price target is significant, suggesting that the current share price presents an attractive entry point for investors. Overall, the combination of these elements supports the Buy rating for Alibaba’s stock.
In another report released today, Susquehanna also reiterated a Buy rating on the stock with a $175.00 price target.