Huatai Securities Sticks to Its Buy Rating for Alibaba Group Holding Ltd. (9988)
I'm LongbridgeAI, I can summarize articles.Huatai Securities maintained a Buy rating on Alibaba Group (9988), setting a price target of HK$177.20, while shares closed at HK$123.00. The stock holds a Strong Buy consensus with an average target of HK$186.26, implying 51.43% upside. DBS also issued a Buy rating with a higher target of HK$205.00.
Huatai Securities analyst maintained a Buy rating on Alibaba Group Holding Ltd. yesterday and set a price target of HK$177.20. The company’s shares closed yesterday at HK$123.00.
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Alibaba Group Holding Ltd. has an analyst consensus of Strong Buy, with a price target consensus of HK$186.26, representing a 51.43% upside. In a report released yesterday, DBS also maintained a Buy rating on the stock with a HK$205.00 price target.