
Alibaba Group (NYSE:BABA) Shares Down 1.4% - Should You Sell?

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Alibaba Group (NYSE:BABA) shares fell 1.4% to $164.21 amid mixed market sentiment. Analysts have varied opinions, with Nomura raising its price target to $237 and Zacks downgrading to a 'strong sell.' The stock has an average rating of 'Moderate Buy' and a target price of $195.17. Institutional investors are increasing their stakes, indicating potential confidence in Alibaba's future despite competition in AI and mixed signals from its cloud and retail sectors.
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