BABA is trading 3.1% up now at $151.24 following fresh analyst ratings and legal headlines that created volatility around a still-bullish long-term narrative.
- Jefferies recently reiterated a Buy rating, trimming its price target to $225 (from $231), but still naming Alibaba its “top pick in 2026” based on AI and cloud strength.
- Pomerantz LLP announced an investor investigation into Alibaba on January 8, 2026, adding short-term uncertainty to the stock.