bullish
[Alibaba (BABA US) Target Price Change]: No Growth in March Promotion, Cut TP to US$100
342 Views13 Mar 2023 08:50
Based on our recent checks, we expect that Tmall sales in the march promo were weaker-than-expected, especially in apparel and beauty make-up. We cut BABA’s TP to US$ 100.
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Blue Lotus Research Institute
China growth and global non-US Internet equities
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