What does this statement even

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Chintu
2023-08-31

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.

大行评级｜瑞银：上调阿里目标价至118港元评级“买入”

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%。

大行评级｜瑞银：上调阿里目标价至118港元评级“买入”

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大行评级｜瑞银：上调阿里目标价至118港元 评级“买入”

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大行评级｜瑞银：上调阿里目标价至118港元评级“买入”