Wall Street Can’t Get Enough of Alibaba Stock. Should You Buy BABA Here?

Wall Street analysts have grown more optimistic on Alibaba Group (BABA), betting on its cloud and AI momentum. This week, Morgan Stanley raised its 12-month price target from $165 to $200, citing strength in its cloud business and AI investments. The broader tech market has also been electrified by speculative bursts; for instance, Wolfspeed (WOLF) shares briefly spiked over 1,000% intraday following a Chapter 11 restructuring and reincorporation, a reminder of how risk-on sentiment can sweep through secto ...