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Guohai Securities Sticks to Their Buy Rating for Alibaba Group Holding Ltd. (9988)
In a report released yesterday, from Guohai Securities maintained a Buy rating on Alibaba Group Holding Ltd., with a price target of HK$162.00.
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Alibaba Group Holding Ltd. has an analyst consensus of Strong Buy, with a price target consensus of HK$183.88.
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
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- Mixed options sentiment in Alibaba with shareslittle changed
- Balancing Near‑Term Earnings Pressure With AI‑Driven Growth: Reiterating Buy on Alibaba With HK$175 DCF‑Based Target Price
- 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%
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