Citigroup, Bank of America, and Jefferies all raised their price targets on Alibaba's NYSE-listed shares within a 48-hour window, with Jefferies naming it the top pick among Chinese internet stocks...
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The two trading days straddling October 8–9, 2026 produced an unusually dense cluster of target revisions on Alibaba's NYSE-listed shares. Citigroup analyst Alicia Yap raised her price target from $190 to $193 on October 8, maintaining a Buy rating, per streetinsider.com. The following session, Bank of America lifted its target from $175 to $178, attributing the revision to improving profitability in Alibaba's cloud and artificial intelligence operations, also per streetinsider.com. On the same day, Jefferies moved its target from $190 to $192, designated Alibaba its top pick among Chinese internet companies, and projected AI Cloud and Compute services revenue growth exceeding 50% year-over-year for the September quarter — again per streetinsider.com.
These three targets apply strictly to Alibaba's NYSE-listed equity. They are not calibrated forecasts for the Binance tokenized contract, which is a separate instrument priced in a different market. The targets should not be read as short-term price forecasts; their intended horizon is not specified in the supplied reports.
Hourly candlesticks (about 96 bars), same endpoint as our cryptocurrency price pages. Numbers below refresh from 1-minute klines.
18. 88 adds a third layer of technical supply. 74 above the last traded price.
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