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BTCC / BTCC Square / Global Cryptocurrency /
Alibaba ADRs Dip Amid Analyst Downgrade Despite AI Expansion

Alibaba ADRs Dip Amid Analyst Downgrade Despite AI Expansion

Author:
Global Cryptocurrency
Published:
2025-09-26 03:33:01
18
3
BTCCSquare news:

Alibaba's American depositary receipts (ADRs) fell 0.6% following a recommendation downgrade from US Tiger Securities analyst Bo Pei, who shifted his rating to hold from buy. The MOVE came despite a raised price target of $180 per ADR, up from $145, signaling concerns over short-term downside risk after a recent rally.

The dip contrasts with Alibaba's aggressive push into artificial intelligence, including plans for new data centers and a partnership with a U.S. chipmaker. Pei noted the ADRs' previous discount to U.S. tech peers has evaporated, removing a key investor appeal.

|Square

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