Morgan Stanley Maintains Alibaba (BABA) Target at $180 Ahead of Earnings
Published on · Source: finance.yahoo.com
AI Summary
Summarized by AI from the source belowMorgan Stanley analyst Gary Yu kept Alibaba's (BABA) stock as a 'top pick' before late-August earnings, following a target reduction from $190 to $180. This target is approximately 60% above Alibaba's closing price of $112.14 on Friday. Other firms, including HSBC and Daiwa, also adjusted their targets downwards amidst concerns over sales. Despite regulatory challenges and market pressures, Morgan Stanley indicates potential for growth, particularly within Alibaba's cloud services, which they expect to perform well in the evolving AI sector. This guidance is important for investors assessing future value and growth prospects.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
About Morgan Stanley (MS)
Morgan Stanley is a leading global investment bank and wealth manager.
The Financials sector covers banks, insurers and capital-markets firms at the center of the economy.
Earlier MS news
- Vet Practices Increase Sales Amid Price Rises, Survey Shows
- Adobe (ADBE) Downgraded by Morgan Stanley, Price Target Cut to $240
- K-Beauty Sales Reach $2.8 Billion, Up 48% Year Over Year
- Morgan Stanley (MS) Q2 2026 Profit Jumps 60% to $5.6 Billion
- Nebius Group (NBIS) Posts 684% Revenue Growth, Aims for $9B by Year-End
Get the weekly market brief
One email every Monday: what moved, why, and what to watch. Free, unsubscribe anytime.
Get stories like this as they break
Our Telegram channel posts every market story the moment it is published. Free, and you can mute or leave anytime.
