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Tuesday, 04/16/2024 12:49:30 PM

Tuesday, April 16, 2024 12:49:30 PM

Post# of 365660
Morgan Stanley sees room for Alibaba top-line estimates to rise
After attending the virtual launch of Alimama's new site-wide, AI-enabled, and ROI-based ad tool, Morgan Stanley thinks the new tool will improve merchants' marketing efficiency. The analyst, who sees upside risk to Alibaba's take rate and room for top-line estimates to rise, has an Equal Weight rating and $85 price target on Alibaba shares.

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