Jefferies Maintains Buy on Alibaba Gr Hldgs, Lowers Price Target to $212

Alibaba Group Holding Ltd. Sponsored ADR

Alibaba Group Holding Ltd. Sponsored ADR

BABA

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Jefferies analyst Thomas Chong maintains Alibaba Gr Hldgs (NYSE: BABA) with a Buy and lowers the price target from $225 to $212.