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BTCC / BTCC Square / Global Cryptocurrency /
Jefferies Raises Alibaba Price Target on Cloud and E-Commerce Momentum

Jefferies Raises Alibaba Price Target on Cloud and E-Commerce Momentum

Author:
Global Cryptocurrency
Published:
2025-09-11 01:57:02
9
1
BTCCSquare news:

Alibaba's stock surge reflects accelerating AI and cloud dominance. Jefferies' upgraded $178 target hinges on infrastructure leadership—its 35.8% AI cloud share eclipses three closest rivals combined. Triple-digit growth in AI-driven cloud revenue now exceeds 20% of external sales.

E-commerce synergies between Quick Commerce and traditional platforms compound the advantage. Analyst Thomas Chong's revised outlook mirrors institutional confidence in China's tech rebound—his 58% success rate across 10,018 tracked analysts underscores the weight of this bullish signal.

|Square

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