Alibaba stock price target raised to $230 by Jefferies on cloud and ecommerce synergies
PositiveFinancial Markets

Jefferies has raised its stock price target for Alibaba to $230, highlighting the company's strong synergies in cloud computing and e-commerce. This adjustment reflects growing confidence in Alibaba's ability to leverage its diverse business segments for future growth, making it an exciting time for investors. As the market evolves, Alibaba's strategic focus on these areas positions it well for continued success.
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