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Alibaba Misses Revenue, But AI Cloud Has Silver Lining
benzinga.com/25/05/45473543/alibabas-cloud-and-e-commerce-units-shine-as-analyst-sees-ai-take-rates-fueling-future-growth
Benchmark analyst Fawne Jiang maintained Alibaba Group Holding (NYSE:BABA) with a Buy and lowered the price target from $190 to $176 on Friday.
Alibaba reported its fiscal fourth-quarter revenue growth of 7% to $32.58 billion, missing the analyst consensus estimate of $33.08 billion. It…
This story appeared on benzinga.com, 2025-05-16 17:10:40.