Mizuho Securities Reaffirms Their Buy Rating on Alibaba (BABA)
August 30 2022 - 11:15PM
TipRanks
In a report released on August 28, James Lee from Mizuho Securities
maintained a Buy rating on Alibaba (BABA - Research Report), with a
price target of $160.00. The company's shares closed yesterday at
$93.84.Lee covers the Technology sector, focusing on stocks such as
Meta Platforms, DoorDash, and Alphabet Class A. According to
TipRanks, Lee has an average return of 6.2% and a 54.31% success
rate on recommended stocks. Alibaba has an analyst consensus of
Strong Buy, with a price target consensus of $156.12, representing
a 66.37% upside. In a report released on August 18, Deutsche Bank
also maintained a Buy rating on the stock with a $160.00 price
target.
https://www.tipranks.com/news/blurbs/mizuho-securities-reaffirms-their-buy-rating-on-alibaba-baba?utm_source=advfn.com&utm_medium=referral
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