Alibaba, a company with a market cap around the quarter of a trillion mark, Alibaba stock’s one-year performance resembles that of a small-cap. Over the past 12 months, the shares have lost 60% of their value as a confluence of bearish developments have kept pushing the share price lower. According to Deutsche Bank analyst Leo Chiang, given the latest domestic Omicron outbreak and international geopolitical uncertainties, investors should expect “more near-term pressures for BABA across its various business lines.” The analyst says the “escalating lockdown measures” and international developments have hit the company hard on several fronts. Nevertheless, Wall Street takes a bullish stance on Alibaba shares. 16 Buys and 1 Sell issued over the previous three months make the stock a Strong Buy. Meanwhile, the $171 average price target suggests ~83% upside from current levels.