$Alibaba(BABA.US) Why is it so strange? There's good news every day, but the stock keeps falling. If it were a US tech stock, it would have gone up already with such news.
Alibaba (BABA) Receives a Buy from Barclays
According to TipRanks, Shao is a 5-star analyst with an average return of 14.0% and a 56.86% success rate. Shao covers the Consumer Cyclical sector, focusing on stocks such as Alibaba, JD, and Trip.com Group Sponsored ADR. Alibaba has an analyst consensus of Strong Buy, with a price target consensus of $196.32, a 13.17% upside from current levels. In a report released on October 13, Goldman Sachs also maintained a Buy rating on the stock with a $205.00 price target.
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