BABA: 32 Analysts Rate a "BUY" with 40% upside
After rising to new highs this year, BABA stock has retreated to $220 levels.
This may still offer a safe and good buy, with a projected 40% upside for the upcoming year.
The median price target is $322 and the highest price target is $407.
Note the red button on the MACD, we may see some more downside, but it shouldn't be huge unless the market as a whole really crashes.
I may buy this stock and hold long-term. This is not financial advise, do your own research.
What do you think?
Resource:
pricetargets.com/NYSE/BABA/
This may still offer a safe and good buy, with a projected 40% upside for the upcoming year.
The median price target is $322 and the highest price target is $407.
Note the red button on the MACD, we may see some more downside, but it shouldn't be huge unless the market as a whole really crashes.
I may buy this stock and hold long-term. This is not financial advise, do your own research.
What do you think?
Resource:
pricetargets.com/NYSE/BABA/
Note
If BABA stays in the downward channel, it will be worth 11% less or about a bottom of $183 according to: stockinvest.us/stock/BABA
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.