JPMorgan raised the firm’s price target on Alibaba (BABA) to $205 from $200 and keeps an Overweight rating on the shares.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BABA:
- Nvidia Stock (NVDA) Hits New 52-Week High Today — What’s Driving the Rally?
- Analyst Lifts Alibaba Price Target to $220.1 on Strengthening AI-Driven Growth and Profitability Outlook
- Why Analysts Are Raising Alibaba Stock (BABA) Price Targets Despite an 84% Profit Decline in Q4
- Alibaba, Tencent cleared to buy Nvidia’s H200 chips, Reuters reports
- Alibaba (BABA) Discloses Q3 Dividend: What Shareholders Should Know