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JP Morgan Met With Alibaba And Is Still Bullish

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Alibaba NYSE:BABA - JP Morgan Met With Alibaba And Is Still Bullish

JP Morgan analysts Doug Anmuth, Alex Yao, Yong Wang and Binbin Ding recently met with Alibaba Group Holding Ltd BABA 0.26%’s Vice President and Head of Investor Relations Jane Penner. Following the encounter, the firm reiterated an Overweight rating and $96 price target.

According to the note, the tone and content in the reunion was an extension of the latest earnings call. The experts and Penner discussed, among other...


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