Category: revaluation
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Loop Capital bullish on Alibaba shares, cites revaluation optimism By Investing.com
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On Thursday, Loop Capital revised its forecasts for… Ali Baba (NYSE:) Group Holding Limited (NYSE:BABA) shares, increasing their price target for the company to $115 from $111, while reaffirming a Buy rating on the stock. The company’s analyst highlighted Alibaba’s potential for a positive valuation turnaround, after a long period…