---
title: "Three analysts raise Alibaba's price targets in 48 hours as tokenized contract faces $111.60 resistance. Jefferies names it top Chinese internet stock."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/301508234.md"
description: "Within a span of 48 hours, three major financial institutions, including Citigroup, Bank of America, and Jefferies, increased their price targets for Alibaba's shares listed on the New York Stock Exchange. Jefferies specifically highlighted Alibaba as their top choice among Chinese internet stocks. This positive sentiment towards Alibaba reflects confidence in the company's performance and potential for growth in the market."
datetime: "2026-10-11T13:11:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/301508234.md)
  - [en](https://longbridge.com/en/news/301508234.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/301508234.md)
generator: "portal-rs"
---

# Three analysts raise Alibaba's price targets in 48 hours as tokenized contract faces $111.60 resistance. Jefferies names it top Chinese internet stock.

Within a span of 48 hours, three major financial institutions, including Citigroup, Bank of America, and Jefferies, increased their price targets for Alibaba's shares listed on the New York Stock Exchange. Jefferies specifically highlighted Alibaba as their top choice among Chinese internet stocks. This positive sentiment towards Alibaba reflects confidence in the company's performance and potential for growth in the market.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**