Analysts revise Alibaba stock price targets after earnings

While a level of optimism was evident given Alibaba (NYSE: BABA) pre-earnings stock market climb, the report itself, once it came out, seemingly did little other than disappoint investors. BABA stock 5-day price chart. Source: GoogleIndeed, the Chinese e-commerce and technology giant, which has been struggling amidst efforts to reorientate toward artificial intelligence (AI) and a wider Mainland and Hong Kong market downturn, dropped 6.02% in the New York Stock Exchange within a single day after the figures ...