Alibaba (BABA) price target raised to $190 by Barclays

Barclays has raised Alibaba’s (BABA) price target to $190 from $145, citing strong performance and growth potential. The grading company maintained an ‘Overweight’ rating on the stock, encouraging investors to hold onto their positions. Alibaba’s current price stands at $139.975, indicating a significant upside potential according to Barclays.