Aliibaba sees Buy rating maintained but price target cut at Jefferies ahead of earnings

7 hours ago 1
Sign of Alibaba on the top of the building office

Jefferies maintained its Buy rating on Alibaba (NYSE:BABA) but lowered the price target on the stock to $150 from $153 ahead of the Chinese tech and e-commerce giant's quarterly results next month.

Analysts led by Thomas Chong provided a preview

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