Arete Research upgraded shares of Alibaba Group (NYSE:BABA – Free Report) from a neutral rating to a buy rating in a research report released on Wednesday morning, Marketbeat Ratings reports. Arete Research currently has $190.00 price objective on the specialty retailer’s stock.
A number of other equities research analysts have also recently commented on BABA. JPMorgan Chase & Co. dropped their price objective on shares of Alibaba Group from $240.00 to $230.00 and set an “overweight” rating on the stock in a research note on Wednesday, November 26th. Loop Capital set a $140.00 price target on shares of Alibaba Group in a research report on Tuesday, January 6th. Benchmark reiterated a “buy” rating and issued a $195.00 price objective on shares of Alibaba Group in a research report on Tuesday, November 25th. Freedom Capital cut Alibaba Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 6th. Finally, Wall Street Zen downgraded Alibaba Group from a “hold” rating to a “sell” rating in a research report on Friday, November 28th. Eighteen investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Alibaba Group currently has a consensus rating of “Moderate Buy” and a consensus target price of $192.72.
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Alibaba Group Stock Down 2.2%
Institutional Trading of Alibaba Group
A number of institutional investors have recently made changes to their positions in the company. Farther Finance Advisors LLC raised its stake in Alibaba Group by 20.0% in the 4th quarter. Farther Finance Advisors LLC now owns 19,097 shares of the specialty retailer’s stock valued at $2,799,000 after purchasing an additional 3,186 shares during the last quarter. Sunpointe LLC purchased a new stake in shares of Alibaba Group during the fourth quarter worth $261,000. Freestone Capital Holdings LLC raised its position in shares of Alibaba Group by 7.2% in the fourth quarter. Freestone Capital Holdings LLC now owns 4,676 shares of the specialty retailer’s stock valued at $685,000 after buying an additional 315 shares during the last quarter. Natural Investments LLC lifted its stake in shares of Alibaba Group by 5.2% in the fourth quarter. Natural Investments LLC now owns 4,301 shares of the specialty retailer’s stock worth $630,000 after buying an additional 213 shares in the last quarter. Finally, Assetmark Inc. boosted its position in Alibaba Group by 28.9% during the fourth quarter. Assetmark Inc. now owns 70,295 shares of the specialty retailer’s stock worth $10,304,000 after acquiring an additional 15,751 shares during the last quarter. 13.47% of the stock is owned by institutional investors and hedge funds.
Alibaba Group News Summary
Here are the key news stories impacting Alibaba Group this week:
- Positive Sentiment: Arete Research upgraded BABA from Neutral to Buy and set a $190 price target; the upgrade triggered an intraday rally as investors responded to improved analyst conviction. Article Title
- Positive Sentiment: Reports that Alibaba is preparing to restructure and list its AI chip arm, T‑Head, have driven optimism that a spinoff/IPO could unlock value and position the company in the hot AI‑accelerator market — multiple outlets cite people familiar with the plan. Article Title
- Positive Sentiment: Brokerage coverage is tilted favorable: a consensus “Moderate Buy” from brokerages reinforces the bullish analyst tone and supports investor interest. Article Title
- Neutral Sentiment: Multiple news outlets reported the T‑Head IPO story and intraday share pops/pre‑market rallies; these are market‑reaction pieces rather than official filings — the long‑term impact depends on deal structure, timing and regulatory filings. Article Title
Alibaba Group Company Profile
Alibaba Group Holding Limited is a Chinese multinational conglomerate founded in 1999 in Hangzhou, China, by Jack Ma and a group of co‑founders. The company built its business around internet-based commerce and related services and has grown into one of the largest e-commerce and technology companies in the world. Alibaba completed a high‑profile initial public offering on the New York Stock Exchange in 2014.
The company operates a portfolio of online marketplaces and platforms serving different customer segments: Alibaba.com for global and domestic B2B trade, Taobao for consumer-to-consumer shopping, and Tmall for brand and retailer storefronts targeted at Chinese consumers.
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