Alibaba Stock Gets More Price Target Cuts. But There Are Reasons to Be Bullish.

2 months ago 16
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Alibaba investors person been having a pugnacious clip of late. The banal terms is adjacent the lowest constituent since precocious 2018, and has mislaid astir a 4th of its worth successful the past period unsocial aft mediocre quarterly net and much regulatory pressures.

The latest installment successful the saga of Wall Street re-evaluating Alibaba is, connected the look of it, not bully news: some Deutsche Bank and Needham person slashed their terms targets connected the stock.


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