fluffik
2023-03-29

Jefferies: Maintained a Buy rating and set a price target of $220.

J.P. Morgan: $210 price target.

Citigroup: Reiterated a Buy rating and $156 price target.

Morgan Stanley: Reiterated an Overweight rating and $150 price target.

Goldman Sachs: BABA worth $137 a share as of today.

Mostly positive commentary on the split with the exception of the bears over at CFRA - they went from a Sell rating to a Strong Sell after the news with a target of $72. Always a Debbie Downer in the bunch...lol. I got in at the open yesterday at $94.50 and was worried when it went down from there but all is good - now anyway. Stocks at $99.40 as I write this and thinking of selling a $102 call for 3/31 and pocketing $1.12 - I can always buy the stock again next week as the market is due for a down day in the next few anyway.

sun GIFsun GIF

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

Leave a comment
57