In the past, Alibaba (NYSE: BABA) was often viewed as the Amazon (NASDAQ: AMZN) of China. But the stocks of the two companies have been on completely different paths over the past decade.
It also generates a lot of cash, which it has been using to buy back shares. If Alibaba were to trade at a similar valuation to Amazon, it would have close to 4 times upside, while if it grew to ...
Citi analyst Alicia Yap maintained a Buy rating on Alibaba (BABA – Research Report) yesterday and set a price target of $138.00. The company’s shares closed last Wednesday at $83.69.
In a report released today, Tsz Wang from DBS maintained a Buy rating on Alibaba (BABA – Research Report), with a price target of $109.00. The company’s shares closed yesterday at $80.54.
Ever feel like you missed the boat in buying the most successful stocks? Then you’ll want to hear this. On rare occasions, our expert team of analysts issues a “Double Down” stock ...