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JPMorgan Boosts Alibaba Price Target to Street High on AI, Cloud

Bloomberg•Thursday, October 2, 2025 at 3:14:20 AM
PositiveFinancial Markets
JPMorgan Boosts Alibaba Price Target to Street High on AI, Cloud
JPMorgan Chase & Co. has significantly raised its price target for Alibaba Group's shares in Hong Kong by nearly 45%, marking the highest target set by analysts according to Bloomberg. This move reflects growing confidence in Alibaba's potential, particularly in the realms of artificial intelligence and cloud computing, which are crucial for the company's future growth. Investors may see this as a strong endorsement of Alibaba's market position and innovation capabilities.
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