<div id="readability-page-1"><p><span>Alibaba Group (NYSE:BABA - Get Free Report)</span> was upgraded by stock analysts at Zacks Research from a &#34;strong sell&#34; rating to a &#34;hold&#34; rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.</p><ul><li>Wall Street Quietly Bets Big on These Chinese Tech Giants</li></ul><p>Several other equities research analysts have also issued reports on BABA. Robert W. Baird raised their target price on shares of Alibaba Group from $142.00 to $153.00 and gave the stock an &#34;outperform&#34; rating in a report on Tuesday, September 2nd. Morgan Stanley  set a $180.00 target price on shares of Alibaba Group in a report on Wednesday, May 14th. Sanford C. Bernstein  restated an &#34;outperform&#34; rating and issued a $160.00 target price on shares of Alibaba Group in a report on Saturday, August 30th. Arete Research upgraded shares of Alibaba Group from a &#34;hold&#34; rating to a &#34;strong-buy&#34; rating in a report on Wednesday, September 3rd. Finally, Bank of America lifted their price objective on shares of Alibaba Group from $135.00 to $152.00 and gave the company a &#34;buy&#34; rating in a report on Tuesday, September 2nd. One equities research analyst  has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and one  has assigned  a Hold rating to the company. According to data from MarketBeat.com, the stock  has a consensus rating of &#34;Buy&#34; and a consensus price target of $167.40.</p><div><p><span></span><span>Get <strong>Alibaba Group</strong> alerts:</span></p></div><p><b>View Our Latest Analysis on BABA</b></p><h2>Alibaba Group Stock Performance</h2><ul><li>Alibaba Rallies on New AI Chip Design, Sending NVIDIA Stock Lower</li></ul><p>NYSE:BABA opened at $143.86 on Tuesday. The stock's fifty day moving average is $121.47 and its 200 day moving average is $122.30. The firm has a market capitalization of $342.99 billion, a PE ratio of 16.73, a PEG ratio of 2.05 and a beta of 0.11. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.45 and a current ratio of 1.45. Alibaba Group has a fifty-two week low of $80.06 and a fifty-two week high of $148.43. </p><h2>Institutional Investors Weigh In On Alibaba Group</h2><p>Several large investors have recently modified their holdings of BABA. Brighton Jones LLC raised its holdings in shares of  Alibaba Group by 40.4% in the 4th quarter. Brighton Jones LLC now owns 3,411 shares of the specialty retailer's stock valued at $289,000 after purchasing an additional 981 shares in the last quarter.  Captrust Financial Advisors raised its holdings in shares of  Alibaba Group by 5.0% in the 4th quarter. Captrust Financial Advisors now owns 11,200 shares of the specialty retailer's stock valued at $950,000 after purchasing an additional 536 shares in the last quarter.  Focus Partners Wealth raised its holdings in shares of  Alibaba Group by 11.2% in the 4th quarter. Focus Partners Wealth now owns 14,537 shares of the specialty retailer's stock valued at $1,254,000 after purchasing an additional 1,464 shares in the last quarter.  Quantinno Capital Management LP raised its holdings in shares of  Alibaba Group by 15.0% in the 4th quarter. Quantinno Capital Management LP now owns 22,612 shares of the specialty retailer's stock valued at $1,917,000 after purchasing an additional 2,953 shares in the last quarter.  Finally, Point72 Hong Kong Ltd raised its holdings in shares of  Alibaba Group by 1,632.3% in the 4th quarter. Point72 Hong Kong Ltd now owns 545,257 shares of the specialty retailer's stock valued at $46,232,000 after purchasing an additional 513,781 shares in the last quarter. Institutional investors own  13.47% of the company's stock. </p><h2>About Alibaba Group</h2> (Get Free Report)<ul><li>These 3 Chinese Stocks Could Be a Ticking Time Bomb of Growth</li></ul><p>Alibaba Group Holding Limited, through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally. The company operates through seven segments: China Commerce, International Commerce, Local Consumer Services, Cainiao, Cloud, Digital Media and Entertainment, and Innovation Initiatives and Others.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Alibaba Group</li><li>How Technical Indicators Can Help You Find Oversold Stocks </li><li>Oil Shorts Are Crowded, 3 Names That Could Bring on a Squeeze</li><li>3 Grocery Stocks That Are Proving They Are Still Essential </li><li>Part of the Club: Robinhood &amp; AppLovin Soar on S&amp;P 500 Inclusion</li><li>What Are Growth Stocks and Investing in Them </li><li>Despite Pullback, Rocket Lab Still Looks Primed for a Breakout</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUJBQkE?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUJBQkE"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Alibaba Group Right Now?</h2><p>Before you consider Alibaba Group, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Alibaba Group wasn't on the list.</p><p>While Alibaba Group currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

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<p>Zacks Research upgraded Alibaba Group's stock rating from "strong sell" to "hold". Other analysts have also raised their target prices, with Robert W. Baird setting it at $153 and Morgan Stanley at $180. The stock has a consensus rating of "Buy" and a target price of $167.40. As of Tuesday, Alibaba's stock opened at $143.86, with a market cap of $342.99 billion and a PE ratio of 16.73. Institutional investors have increased their holdings significantly in recent months.</p>

- Alibaba Group was upgraded from a "strong sell" to a "hold" rating by Zacks Research, with several analysts raising their target prices.  
- The stock has a consensus rating of "Buy" and a target price of $167.40, with a market capitalization of $342.99 billion.  
- Institutional investors have increased their holdings significantly, indicating growing confidence in the company's performance.  

Alibaba Group (NYSE:BABA) Stock Rating Upgraded by Zacks Research