News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
Content Sharing
<Research>Jefferies Slashes BABA-W (09988.HK) TP to $179, Sees MaaS as Key Growth Driver for Next 5 Yrs
Jefferies issued a research report expecting BABA-W (09988.HK)'s cloud business to continue strong growth and accelerate in the March quarter. The broker believed that MaaS wil...
Reset
Send
The window will close in 5 seconds
<Research>Jefferies Slashes BABA-W (09988.HK) TP to $179, Sees MaaS as Key Growth Driver for Next 5 Yrs
Close
Recommend
34
Positive
35
Negative
18
 
 

Jefferies issued a research report expecting BABA-W (09988.HK)  +2.600 (+2.116%)    Short selling $1.33B; Ratio 13.415%   's cloud business to continue strong growth and accelerate in the March quarter. The broker believed that MaaS will be the key growth driver over the next 5 years, with the recent launch of Happy Horse (text-to-video) achieving success.

Therefore, Jefferies kept rating at Buy on BABA-W, and slashed its target prices for BABA-W's US stock/ H-shares from US$212/ $206 to US$185/ $179.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-10 16:25.)

Related News M Stanley: Alibaba (09988.HK) Cloud Business Growth Acceleration Key Share Price Catalyst, Rated Overweight

Auto-translated by AI

AASTOCKS Financial News

Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.