<div id="readability-page-1"><p><span>Alibaba Group (NYSE:BABA - Get Free Report)</span> had its price objective hoisted by analysts at Susquehanna  from $175.00 to $190.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm currently has a &#34;positive&#34; rating on the specialty retailer's stock. Susquehanna's target price suggests a potential upside of 14.47% from the company's current price.</p><div><p><span></span><span>Get <strong>Alibaba Group</strong> alerts:</span></p></div><ul><li>Wall Street Quietly Bets Big on These Chinese Tech Giants</li></ul><p>A number of other equities research analysts also recently issued reports on BABA. Bank of America boosted their price target on shares of Alibaba Group from $135.00 to $152.00 and gave the company a &#34;buy&#34; rating in a research note on Tuesday, September 2nd. Barclays boosted their target price on Alibaba Group from $145.00 to $190.00 and gave the company an &#34;overweight&#34; rating in a research report on Monday, September 8th. Wall Street Zen lowered Alibaba Group from a &#34;buy&#34; rating to a &#34;hold&#34; rating in a research report on Friday, June 27th. Zacks Research raised Alibaba Group from a &#34;strong sell&#34; rating to a &#34;hold&#34; rating in a research note on Tuesday, September 9th. Finally, Jefferies Financial Group increased their target price on Alibaba Group from $165.00 to $178.00 and gave the stock a &#34;buy&#34; rating in a research note on Wednesday, September 10th. One analyst  has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and one  has assigned  a Hold rating to the stock. According to MarketBeat, Alibaba Group presently has an average rating of &#34;Buy&#34; and an average price target of $168.81.</p><p><b>View Our Latest Report 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 $165.98 on Thursday. The stock has a market cap of $395.71 billion, a PE ratio of 19.30, a P/E/G ratio of 1.99 and a beta of 0.11. Alibaba Group has a twelve month low of $80.06 and a twelve month high of $167.32. The stock has a fifty day simple moving average of $126.68 and a 200-day simple moving average of $123.16. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 0.19. </p><h2>Institutional Trading of Alibaba Group</h2><p>A number of hedge funds have recently added to or reduced their stakes in the stock. Kingstone Capital Partners Texas LLC increased its holdings in shares of  Alibaba Group by 1,349,768.3% in the second quarter. Kingstone Capital Partners Texas LLC now owns 49,013,718 shares of the specialty retailer's stock valued at $5,558,646,000 after purchasing an additional 49,010,087 shares during the period.  Primecap Management Co. CA increased its stake in  Alibaba Group by 0.7% in the 2nd quarter. Primecap Management Co. CA now owns 20,764,276 shares of the specialty retailer's stock valued at $2,354,877,000 after buying an additional 140,579 shares during the period.  Goldman Sachs Group Inc. raised its position in  Alibaba Group by 22.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 15,648,064 shares of the specialty retailer's stock worth $2,069,144,000 after buying an additional 2,885,154 shares during the last quarter.  Price T Rowe Associates Inc. MD lifted its stake in shares of  Alibaba Group by 43.0% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 8,595,269 shares of the specialty retailer's stock worth $1,136,554,000 after acquiring an additional 2,584,480 shares during the period.  Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of  Alibaba Group by 85.6% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 8,557,495 shares of the specialty retailer's stock valued at $1,131,558,000 after acquiring an additional 3,947,460 shares in the last quarter. 13.47% of the stock is owned by institutional investors and hedge funds. </p><h2>Alibaba Group Company Profile</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>Featured Articles</h2><ul><li>Five stocks we like better than Alibaba Group</li><li>Low PE Growth Stocks: Unlocking Investment Opportunities</li><li>General Mills Is a Generational Opportunity for Income Investors</li><li>What is the S&amp;P 500 and How It is Distinct from Other Indexes</li><li>DoorDash Buys Deliveroo: A Game Changer?</li><li>Where Do I Find 52-Week Highs and Lows?</li><li>Is Netflix's Ad Deal With Amazon the Catalyst for a New Uptrend?</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>Susquehanna has raised its price target for Alibaba Group (NYSE:BABA) from $175.00 to $190.00, maintaining a "positive" rating. This suggests a potential upside of 14.47% from the current price. Other analysts have also increased their targets, with Bank of America setting it at $152.00 and Barclays at $190.00. Currently, Alibaba has an average rating of "Buy" with a target of $168.81. The stock opened at $165.98, with a market cap of $395.71 billion and a PE ratio of 19.30.</p>

- Analysts at Susquehanna raised Alibaba Group's price target from $175.00 to $190.00, indicating a potential upside of 14.47%.  
- Other firms, including Bank of America and Barclays, also increased their price targets, with an average rating of "Buy" and a target of $168.81.  
- Alibaba's stock opened at $165.98, with a market cap of $395.71 billion and significant institutional trading activity noted.  

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KraneShares 2x Long BABA Daily ETF

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Susquehanna Forecasts Strong Price Appreciation for Alibaba Group (NYSE:BABA) Stock