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<Research>CMSI Slashes BABA-W (09988.HK) TP to $170, Keeps Overweight Rating
Recommend 12 Positive 22 Negative 9 |
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After BABA-W (09988.HK) announced its financial results for 3FQ ended December 2025, revenue/ adjusted EBITA were 2%/ 27% below expectations, dragged down by worse-than-expected results, mainly due to weak e-commerce growth and elevated investments in instant retail and AI products, leading to a roughly 7% drop in the Company's share price on the day (20th), CMSI released a research report saying. BABA-W's growth prospects are improving, making it a favorable entry point for long-term gains. Therefore, the broker slashed its target prices for BABA-W's US stock/ H-shares from US$204/ $198 to US$173/ $170, with ratings kept at Overweight. AASTOCKS Financial News Website: www.aastocks.com |
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