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<Hindsight>Brokers' Latest Ratings, TPs, Opinions on BABA-W After Quarterly Results Ann
Recommend
45
Positive
101
Negative
36
The following table lists 9 brokers' ratings and target prices for BABA-W (09988.HK):

Broker│ Rating│ TP (HKD)
Huatai Securities│Buy│134.7-> 185.1
Citi│Buy│137-> 166
Daiwa│Buy│140-> 165
BOCOMI│Buy│107-> 159
HSBC Global Research│Buy│125-> 156
Goldman Sachs│Buy│114-> 156
Jefferies│Buy│151-> 155
UBS│Buy│136
JPMorgan│Overweight│120

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The following table lists 14 brokers' ratings and target prices for Alibaba Group Holding (BABA.US):

Broker│ Rating│ TP (USD)
Huatai Securities│ Buy│138.5->190.4
Citi│ Buy│138->170
Daiwa│ Buy│145->170
CLSA│ Outperform-> High Conviction Outperform│125->165
BOCOMI │Buy│111->165
HSBC Global Research│Buy│128->160
Jefferies│Buy│156->160
Goldman Sachs│Buy│117->160
CMBI│Buy│132->157.7
BOCI│Buy│151
UBS│Buy│140
Nomura│Buy│130
JPMorgan│Overweight│125
Morgan Stanley│Equalweight│100

Broker│ Opinion
Huatai Securities│ Monetization of e-commerce business beat forecasts
Daiwa│ Optimistic about the growth of CMR in the next 3-4 quarters, with outstanding re-acceleration in cloud revenue growth
CLSA│CMR growth accelerated
Citi│ Capex accelerated to capture AI and cloud growth
HSBC Global Research│ AI drives turning point
Jefferies│ Target price raised based on impressive results
Goldman Sachs│ E-commerce business stabilized, with room for AI and cloud growth
CMBI│ Cloud business revenue growth consolidated, while e-commerce business growth outlook improved
BOCI│ AI cloud is highlight; accelerated growth in CMR to drive earnings growth
UBS│ Core business growth accelerated again; quarterly results beat expectations
Nomura│ Quarterly results beat expectations, while AI demand surged
BOCOMI│E-commerce CMR beat expectations; cloud business value entered re-rating stage
JPMorgan│ Positive market reaction expected on outperformance of e-commerce and cloud business
Morgan Stanley│ CMR beat expectations, while capital expenditure increased

Related NewsBABA-W: AI Product Rev. Keeps Triple-digit Growth for 6th Consecutive Quarter

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