Big Bank Ratings | UBS: Raise Ali's target price to HK $118, rating "buy"

格隆汇资讯2023-08-16

UBS released a research report stating that, driven by the macroeconomic recovery, Taobao's new strategy and the localization development of international e-commerce, Alibaba's revenue growth in the first quarter of fiscal year 2024 has regained double-digit growth, which is the first time since the second fiscal quarter of 2022. For the first time since the fourth fiscal quarter of 2021, it is also the largest exceeding expectations. It is believed that future revenue growth can remain at double-digit levels, raising the target price to HK $118. Maintain a "buy" rating. UBS raised Alibaba's revenue forecast for fiscal year 2024 to 2025 by 1% and 0.9% respectively to reflect the strong growth of Taobao, Tmall and international e-commerce, as well as the improvement of Cainiao's logistics volume, and the profit...

Web link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Chintu
2023-08-31
Chintu
What does this statement even mean - target price to HK$ 118? This is just USD 15... current priceof the stock itself is around usd 90+ So do you mean TARGET PRICE AS HKD 1180? Pls comfirm as it's conflicting.

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2359870785?lang=en_US&edition=fundamental","thumbnail":"","is_english":false,"pubTime":"2023-08-16 14:45","share_image_url":"https://static.laohu8.com/9a95c1376e76363c1401fee7d3717173","id":"2359870785","market":"us","top_or_hot":-1,"title":"Big Bank Ratings | UBS: Raise Ali's target price to HK $118, rating \"buy\"","media":"格隆汇资讯","content":"<p><div>UBS released a research report stating that, driven by the macroeconomic recovery, Taobao's new strategy and the localization development of international e-commerce, Alibaba's revenue growth in the first quarter of fiscal year 2024 has regained double-digit growth, which is the first time since the second fiscal quarter of 2022. For the first time since the fourth fiscal quarter of 2021, it is also the largest exceeding expectations. It is believed that future revenue growth can remain at double-digit levels, raising the target price to HK $118. Maintain a \"buy\" rating. UBS raised Alibaba's revenue forecast for fiscal year 2024 to 2025 by 1% and 0.9% respectively to reflect the strong growth of Taobao, Tmall and international e-commerce, as well as the improvement of Cainiao's logistics volume, and the profit...</p><p><a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20230816144612841a783c&s=b\">Web link</a></div></p>","source":"tencent","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Big Bank Ratings | UBS: Raise Ali's target price to HK $118, rating \"buy\"</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBig Bank Ratings | UBS: Raise Ali's target price to HK $118, rating \"buy\"\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">格隆汇资讯</strong><span class=\"h-time small\">2023-08-16 14:45</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div>UBS released a research report stating that, driven by the macroeconomic recovery, Taobao's new strategy and the localization development of international e-commerce, Alibaba's revenue growth in the first quarter of fiscal year 2024 has regained double-digit growth, which is the first time since the second fiscal quarter of 2022. For the first time since the fourth fiscal quarter of 2021, it is also the largest exceeding expectations. It is believed that future revenue growth can remain at double-digit levels, raising the target price to HK $118. Maintain a \"buy\" rating. UBS raised Alibaba's revenue forecast for fiscal year 2024 to 2025 by 1% and 0.9% respectively to reflect the strong growth of Taobao, Tmall and international e-commerce, as well as the improvement of Cainiao's logistics volume, and the profit...</p><p><a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20230816144612841a783c&s=b\">Web link</a></div></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20230816144612841a783c&s=b\">格隆汇资讯</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BABA","symbol_name":"阿里巴巴","start_time":0,"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20230816144612841a783c&s=b","article_id":"2359870785","we_media_id":null,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20230816144612841a783c&s=b","rn_cache_url":null,"customStyle":"body{padding-top:10px;}#news_title{font-weight:bold;#titleStyle#;}#news_description span{font-size:12px;#descriptionStyle#;}.footer-note{#statement#}","selectors":".mod-LoadTzbdNews, body","filters":".relate-stock, .hot-list, .recom-box, .wx-sou","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2359870785","pubTimestamp":1692168319,"columns":[],"sourceInfo":{"source_id":"tencent","name":"腾讯"},"weMediaInfo":null,"summary":"瑞银发表研究报告指，在宏观经济复苏、淘宝新战略及国际电商本地化发展的推动下，阿里巴巴2024财年首季收入增长重拾双位数升幅，是自2022年第二财季以来首次，亦是2021年第四财季以来最大幅度超出预期，相信未来收入增幅可保持在双位数水平，将目标价升至118港元，维持“买入”评级。瑞银将阿里2024至2025财年收入预测分别上调1%及0.9%，以反映淘宝天猫、国际电商增长强劲，以及菜鸟物流量向好，盈利预测在利润率前景推动下，分别上调7.5%及7.4%；2026财年每股盈测则上调9%。","collect":0,"end_time":0,"defaultTopTitle":"qq.com","property":["rate"],"viewcount":null,"language":"zh","relate_stocks":{"BABA":"阿里巴巴"},"translate_title":"Big bank rating UBS: Raise Ali's target price to HK $118 rating \"buy\"","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BABA":0.9},"content_text":"瑞银发表研究报告指，在宏观经济复苏、淘宝新战略及国际电商本地化发展的推动下，阿里巴巴2024财年首季收入增长重拾双位数升幅，是自2022年第二财季以来首次，亦是2021年第四财季以来最大幅度超出预期，相信未来收入增幅可保持在双位数水平，将目标价升至118港元，维持“买入”评级。瑞银将阿里2024至2025财年收入预测分别上调1%及0.9%，以反映淘宝天猫、国际电商增长强劲，以及菜鸟物流量向好，盈利预测在利润率前景推动下，分别上调7.5%及7.4%；2026财年每股盈测则上调9%。","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[{"id":214659714306304,"gmtCreate":1693444048060,"gmtModify":1693446137095,"author":{"id":"4095093759391410","authorId":"4095093759391410","name":"Chintu","avatar":"https://community-static.tradeup.com/news/bfe40c097faa3f4456e00c32b8c12b24","vip":1,"crmLevel":5,"crmLevelSwitch":1,"idStr":"4095093759391410","authorIdStr":"4095093759391410"},"htmlText":"What does this statement even mean - target price to HK$ 118? This is just USD&nbsp;15... current priceof the stock itself is around usd 90+ So do you mean TARGET PRICE AS&nbsp;HKD 1180? Pls comfirm as it's conflicting.&nbsp;","listText":"What does this statement even mean - target price to HK$ 118? This is just USD&nbsp;15... current priceof the stock itself is around usd 90+ So do you mean TARGET PRICE AS&nbsp;HKD 1180? Pls comfirm as it's conflicting.&nbsp;","text":"What does this statement even mean - target price to HK$ 118? This is just USD 15... current priceof the stock itself is around usd 90+ So do you mean TARGET PRICE AS HKD 1180? Pls comfirm as it's conflicting.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/214659714306304","repostId":2359870785,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":0,"commentSize":1,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.4","shortVersion":"4.29.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2359870785"}