Why These Alibaba (NYSE: BABA) Stock Price Targets Are Too Low

Last week, Bank of America Merrill Lynch, Brean Capital, and UBS all initiated coverage of Alibaba Group Holding Ltd. (NYSE: BABA) with "Buy" ratings and price targets of $112, $110, and $100 respectively. And while those BABA stock price targets are bullish, they're all off the mark. Alibaba stock is headed much higher than that. The post Why These Alibaba (NYSE: BABA) Stock Price Targets Are Too Low appeared first on Money Morning - Only the News You Can Profit From .