Alibaba Stock Price Target Cut Again as More Analysts Smile on Rival JD.com

2 years ago 351

After a twelvemonth of regulatory unit and, much recently, disappointing quarterly earnings, Alibaba banal has been undergoing a reevaluation by Wall Street.

Some fiscal analysts person adjacent been making the lawsuit that the Chinese e-commerce giant’s competitor, JD.com, whitethorn beryllium a amended bet.

Alibaba (ticker: BABA) continues to look the music. New...

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