Youssef Squali analyst at Truist Financial reiterates coverage on Alibaba (BABA) in the healthtech stock sector with a Buy rating. TipRanks.com has Squali rated as a 4.8 star analyst with a 53% return on investment and a 14.2% success rate. Squali has set a price target of $ 120.
TipRanks.com reports that Alibaba stock currently has 14 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $130.43. The target pricing ranges from a high forecast of $158.00 down to a low forecast of $90.00. Alibaba (BABA) stock's last closing price was $80.48 which would put the average price target at 62.07% upside.
In addition, Barchart.com has a sell rating and Yahoo! Finance has a Bearish short-term outlook. Remember, securities are volatile, so please do your own research on BABA's stock.
Other analysts covering BABA stock include:
- Colin Sebastian of Robert W. Baird issued a Buy rating with the price target of $ 120 on 23 hours ago
- James Lee of Mizuho Securities issued a Buy rating with the price target of $ 155 on 23 hours ago
- Charlene Liu of HSBC issued a Buy rating with the price target of $ 124 on 23 hours ago
- Alicia Yap of Citigroup issued a Buy rating with the price target of $ 144 on 23 hours ago
Just a reminder, one resource you need to consider using Tipranks.com where as a premium member you get access to all buy ratings, price targets and insider trading signals.
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