Why Analysts See Alibaba (BABA) as a Global Super Cloud Platform

Group 1 - Alibaba Group Holding Limited is recognized as one of the AI stocks that investors should monitor closely [1] - Citi analyst Alicia Yap raised the price target for Alibaba's stock to $217.00 from $187.00 while maintaining a Buy rating, following the Apsara Conference [1][2] - The increase in price target is supported by higher cloud revenue and capital expenditure assumptions due to strong interest at the Apsara Conference and Alibaba's plans to expand data center capacity in response to rising AI demand [2] Group 2 - Citi views Alibaba as one of the "5-6 global super cloud platforms with full-stack AI services" and believes it is well-positioned for sustainable cloud revenue growth [2] - While acknowledging Alibaba's potential, there are opinions that other AI stocks may offer greater upside potential and lower downside risk [3]