<div id="readability-page-1"><p>In a report released yesterday, Lei Yang CFA from CGS International maintained a Buy rating on Alibaba Group Holding Ltd., with a price target of <span id="expert-recommendation-target">HK$204.00</span>. The company’s shares closed yesterday at HK$132.30.</p><h3>Claim 55% Off TipRanks</h3><ul><li>Unlock  hedge fund-level data  and  powerful investing tools  for smarter, sharper decisions  </li><li> Discover top-performing stock ideas and upgrade to a portfolio of market leaders with  Smart Investor Picks  </li></ul> <p>According to TipRanks, Yang CFA is a 3-star analyst with an average return of <span>5.7%</span> and a 47.37% success rate. Yang CFA covers the Consumer Cyclical sector, focusing on stocks such as Alibaba Group Holding Ltd., Meituan, and Trip.com Group Ltd..</p> <p>The word on The Street in general, suggests a Strong Buy analyst consensus rating for Alibaba Group Holding Ltd. with a HK$185.53 average price target, implying a 40.23% upside from current levels. In a report released on May 14, DBS also maintained a Buy rating on the stock with a HK$202.00 price target.</p></div>

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<p>CGS International analyst Lei Yang maintained a Buy rating on Alibaba Group Holding Ltd. (9988) with a price target of HK$204.00, while shares closed at HK$132.30. The average analyst consensus suggests a Strong Buy with a target of HK$185.53, indicating a 40.23% upside. DBS also reiterated a Buy rating with a target of HK$202.00.</p>

- Lei Yang CFA from CGS International has maintained a Buy rating on Alibaba Group Holding Ltd., with a price target of HK$204.00, while the shares closed at HK$132.30.  
- The overall analyst consensus rating for Alibaba is a Strong Buy, with an average price target of HK$185.53, suggesting a potential upside of 40.23%.  
- Additionally, DBS also reaffirmed a Buy rating for Alibaba with a price target of HK$202.00 in a report released on May 14.

Alibaba Group Holding Ltd. (9988) Gets a Buy from CGS International