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Why Alibaba Stock Pumped Higher Today
Yahoo Finance· 2025-09-09 21:45
Key Points An analyst raised his price target on the Chinese tech sector incumbent by 31%. He believes its cloud unit will continue to be a star performer. 10 stocks we like better than Alibaba Group › Alibaba Group (NYSE: BABA) had a fruitful and bullish Tuesday on the stock exchange, with its U.S.-listed American depositary receipts (ADRs) rising on the back of a meaningful analyst price-target hike. With that, Albaba stock closed that trading session 4% higher, handily beating the 0.3% increase o ...