Morgan Stanley (MS) Reiterates Alibaba (BABA) With $118.10 PT

Alibaba Group Holding (BABA) was reiterated an ‘Overweight’ with $118.10 price target by Morgan Stanley (MS) analysts on Friday. In a report [via Benzinga] to investors this morning, the investment bank noted, “This year’s record breaking 11-11 result once again shows Alibaba’s ability to scale up. Reverse roadshow meetings gave us greater appreciation of the […] View the full post at: Morgan Stanley (MS) Reiterates Alibaba (BABA) With $118.10 PT Related posts: Goldman Sachs, JPMorgan, and Morgan Stanley to Exit TARP Morgan Stanley’s $8.8B RE Fund May Lose $5.4B Portugal Credit Default Swaps Hit Record High