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Latest Ratings, TPs, Views on BABA-W (09988.HK) after Foray into In-store Field (Table)
2025-09-12 12:48:11
This website lists the following ratings and target prices on BABA-W (09988.HK) from six brokers:

Broker | Rating | TP
Citi | Buy | HK$183
Jefferies | Buy | HK$160 -> HK$172
JPMorgan | Overweight | HK$165
BofA Securities | Buy | HK$148 -> HK$164
UBS | Buy | HK$158
HSBC Global Research | Buy | HK$156

This website lists the following ratings and target prices on Alibaba (BABA.US) from seven brokers:

Broker | Rating | TP
Citi | Buy | US$187
Jefferies | Buy | US$165 -> US$178
JPMorgan | Overweight | US$170
BofA Securities | Buy | US$152 -> US$168
Morgan Stanley | Overweight | US$165
UBS | Buy | US$162
HSBC Global Research | Buy | US$160

Broker| Viewpoint
Citi | Amap Street-food-hopping Ranking, combined with gift certificates and promotions, will help Amap attract online traffic and increase ride-hailing deals. A collaborative payment system will unlock further synergies.
Jefferies | Target price was hiked based on a positive cloud outlook and e-commerce synergies. The convertible bond issuance reflected the company's confidence in the outlook.
JPMorgan| China's local services industry underwent a major restructuring, with Alibaba challenging Meituan's market leadership.
BofA Securities | Alibaba was committed to capex and AI demand was robust, with e-commerce focused execution and clear synergies.
Morgan Stanley | Restructuring of Amap may be the first step in reintroducing in-store services, but risks of competition extending to in-store services were spotted.
UBS | Launch of Amap Street-food-hopping Ranking demonstrated the rapid evolution of competition in local services, extending from quick commerce to in-store services.
HSBC Global Research | Sustained opportunities in AI and quick commerce
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