大行评级丨德银：上调阿里巴巴目标价至220港元 维持“买入”评级

Core Viewpoint - Deutsche Bank analyst Peter Milliken expresses optimism about Alibaba's cloud division, Alibaba Cloud, potentially becoming a leading super AI cloud service provider due to its global business layout, strong financial position, and competitive full-stack AI capabilities in areas such as models, infrastructure, chips, and software [1] Summary by Category - Financial Outlook - Milliken believes Alibaba will benefit from the increasing AI workloads, which will drive faster growth in future cloud business revenues [1] - Deutsche Bank maintains a "Buy" rating on Alibaba, raising its ADR target price from $176 to $225 and its H-share target price from HKD 172 to HKD 220 [1]