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Friday, December 3, 2021

BABA Inventory: Regardless of Earnings Miss, Specialists See 54% Upside

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Alibaba (BABA) – Get Alibaba Group Holding Ltd. Sponsored ADR Report disillusioned on earnings day. On November 18, the Chinese language e-commerce behemoth reported a income and EPS miss. The inventory has been hurting badly all through 2021 and is almost 40% decrease year-to-date.

Nevertheless, Wall Avenue nonetheless sees BABA as a powerful purchase. After the discharge of the earnings report, at the very least three consultants have weighed on Alibaba inventory. Wall Avenue Memes takes a more in-depth take a look at what consultants have been saying after Alibaba earnings.



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