Bernstein upgraded Alibaba Group Holding Limited to Outperform, projecting a slight decrease in price.

From Nasdaq: 2025-02-26 07:04:57

Bernstein upgraded Alibaba Group Holding Limited – Depositary Receipt (NYSE:BABA) from Market Perform to Outperform on February 25, 2025. The average one-year price target for Alibaba is $123.67/share, a 7.72% decrease from its latest closing price of $134.01/share. Analysts project annual revenue to be 1,089,219MM with a non-GAAP EPS of 69.64.

There are 1,589 funds/institutions reporting positions in Alibaba, a decrease of 17 owners (1.06%) in the last quarter. The put/call ratio for BABA is 0.49, indicating a bullish outlook. Various firms like QCSTRX, Primecap Management, Dodge & Cox, and Jpmorgan Chase have made changes to their portfolio allocation in BABA.

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