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Bernstein Keeps Their Buy Rating on Alibaba Group Holding Ltd. (9988)
In a report released today, from Bernstein maintained a Buy rating on Alibaba Group Holding Ltd., with a price target of HK$176.00.
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In a report released on April 14, UOB Kay Hian also maintained a Buy rating on the stock with a HK$192.00 price target.
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:
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- Alibaba price target lowered to $186 from $190 at Barclays
- 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%
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