Mizuho Securities analyst James Lee maintained a Buy rating on Alibaba (BABA – Research Report) on January 7 and set a price target of $215.00. The company's shares closed last Wednesday at $127.74, close to its 52-week low of $108.70. According to TipRanks.com, Lee is a 4-star analyst with an average return of 11.4% and a 59.1% success rate. Lee covers the Technology sector, focusing on stocks such as Tencent Holdings Limited, Uber Technologies, and Alphabet Class A. Currently, the analyst consensus on Alibaba is a Strong Buy with an average price target of $192.65, representing a 50.4% upside.
https://www.tipranks.com/news/blurbs/mizuho-securities-thinks-alibabas-stock-is-going-to-recover?utm_source=advfn.com&utm_medium=referral
Alibaba (NYSE:BABA)
Historical Stock Chart
From Jun 2022 to Jul 2022 Click Here for more Alibaba Charts.
Alibaba (NYSE:BABA)
Historical Stock Chart
From Jul 2021 to Jul 2022 Click Here for more Alibaba Charts.