From Nasdaq: 2025-02-24 19:03:23

Morgan Stanley upgraded Alibaba Group Holding Limited – Depositary Receipt (NYSE:BABA) from Equal-Weight to Overweight on February 24, 2025. The average one-year price target for BABA is $123.67/share, with a forecasted decrease of 4.14% from the latest closing price of $129.02/share. Analysts project annual revenue to be 1,089,219MM and non-GAAP EPS to be 69.64.

There are 1,587 funds or institutions holding positions in Alibaba, with a 10 owner(s) decrease in the last quarter. The put/call ratio for BABA is 0.49, indicating a bullish outlook. Major shareholders like QCSTRX, Primecap Management, Dodge & Cox, and TEQKX have adjusted their portfolio allocations in BABA over the last quarter.

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