Alibaba stock rose to $173.47 on October 20, 2025, marking a 3.84% gain during the session. The advance comes as US-China trade negotiations show progress, with President Trump announcing an upcoming summit with President Xi Jinping, though tariff threats of 155% remain if no deal is reached by November 1. Analyst sentiment remains positive, with recent buy ratings from major firms including JP Morgan (price target $240), Jefferies ($230), and Bernstein ($200). The median analyst price target stands at $190, suggesting potential upside from current levels[2]. However, institutional activity showed mixed signals in recent quarters, with several major funds reducing positions[2].
Alibaba Gains 3.84% on October 20 Amid US-China Trade Optimism
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