This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.
GF Securities Keeps Their Buy Rating on Alibaba Group Holding Ltd. (9988)
GF Securities analyst maintained a Buy rating on Alibaba Group Holding Ltd. yesterday and set a price target of HK$181.12.
Easter Sale - 70% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
In addition to GF Securities, Alibaba Group Holding Ltd. also received a Buy from Jefferies’s Thomas Chong in a report issued yesterday. However, on April 2, TipRanks – DeepSeek downgraded Alibaba Group Holding Ltd. (HKEX: 9988) to a Hold.
Based on Alibaba Group Holding Ltd.’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of HK$247.8 billion and a net profit of HK$21.02 billion. In comparison, last year the company earned a revenue of HK$236.5 billion and had a net profit of HK$44.03 billion
Read More on HK:9988:
Disclaimer & DisclosureReport an Issue
- Alibaba price target lowered to $185 from $212 at Jefferies
- Moderately bullish activity in Alibaba with shares up 0.47%
- Option traders moderately bearish in Alibaba with shares down 1.35%
- Mixed options sentiment in Alibaba with shares down 2.17%
- Alibaba price target lowered to $170 from $190 at Susquehanna
This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
