Morgan Stanley Cuts Its Alibaba Stock Price Target

AI Summary Morgan Stanley kept Alibaba (BABA) stock as a “top pick” ahead of late-August earnings. Analyst Gary Yu made the call over two weeks after cutting his target to $180 from $190. That target sits roughly 60% above where BABA shares closed on Friday at $112.14. Thus, Wall Street is telling clients the stock is worth The post Morgan Stanley Cuts Its Alibaba Stock Price Target appeared first on BeInCrypto . fulltext: 417 chars | fulltext source: rss-fallback | summary method: extractive Original: https://beincrypto.com/morgan-stanley-alibaba-price-target-earnings/ Source: BeInCrypto