Barclays analyst Jiong Shao maintains $Alibaba (BABA.US)$ with a buy rating, and adjusts the target price from $137 to $130.
According to TipRanks data, the analyst has a success rate of 49.8% and a total average return of 7.5% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Alibaba (BABA.US)$'s main analysts recently are as follows:
The company's September quarter results met expectations, yet its ongoing investment cycle is impacting margins and has become a point of concern for investors. It is believed that maintaining a significant quarterly share buyback will ultimately yield positive results due to mathematical inevitabilities.
Following Alibaba's fiscal Q2 results, which were largely in-line with consensus, there is an expectation that China's consumer demand softness and deflationary pressure will continue in the near-term. Additionally, investments in AI and data computing are anticipated to rebound sequentially. Adjustments were made to the FY25-27 adjusted net profit forecasts, reflecting a more prolonged investment phase.
Note:
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