Is baba bull tomorrow
2/2/2024 11:38am
BABA Stock Predictions: Can Alibaba Hit $200?Morgan Stanley analysts have predicted a bull case of $200 per share for Alibaba (BABA) stock. However, it is important to note that these predictions are subject to market fluctuations and uncertainties. Goldman's Bull and Base Case for BABA: Goldman Sachs has also provided a bull and base case for Alibaba. According to their analysis, the bull case scenario could result in a share price of $200, while the base case scenario could see the share price reach $150. Alibaba Options and Market Sentiment: In the options market, there is a high level of activity surrounding Alibaba. Some traders are betting on a bull trap, while others are buying puts. This suggests a mixed outlook among market participants. Conclusion: While analysts have provided optimistic price targets for Alibaba, it is important to consider the risks and uncertainties associated with the stock market. Investors should conduct their own research and consult with a financial advisor before making any investment decisions.