Wellspring Financial Advisors LLC Invests $796,000 in Alibaba Group Holding Limited $BABA

Market Beat
2026.06.11 11:46
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Wellspring Financial Advisors LLC initiated a $796,000 position in Alibaba Group (BABA) during Q4. Other major investors, including Capital World Investors and Northwestern Mutual, also increased their stakes. Analysts have adjusted price targets, with an average 'Moderate Buy' rating and target of $188.76. Alibaba recently reported quarterly earnings of $0.01 EPS on $35.30 billion revenue and announced a $1.05 annual dividend.