Group 1 - Alibaba Group's stock experienced a significant increase of 4% following an analyst's price-target hike, outperforming the S&P 500 index which rose by only 0.3% [1] - Barclays analyst Jiong Shao raised Alibaba's fair value assessment to $190 per ADR, a 31% increase from the previous target of $145, while maintaining a buy recommendation [2][7] - The bullish outlook is primarily driven by Alibaba's cloud computing unit, which reported a year-over-year revenue growth of 26% in the second quarter [3] Group 2 - Despite missing consensus analyst estimates for revenue and profitability in the second quarter, analysts remain optimistic about Alibaba's future, with several raising their price targets [4][5] - Arete's analyst Zixiao Yang upgraded Alibaba's recommendation from neutral to buy, setting a new price target of $152 per ADR [5]