Nomura downgrades Baidu amid AI search competition
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Alibaba (BABA) PT Raised to $160 at Jefferies
February 20, 2025 1:58 PM ESTJefferies analyst Thomas Chong raised the price target on Alibaba (NYSE: BABA) to $160.00 (from $156.00) while maintaining a Buy rating.
The analyst comments "BABA reported Dec quarter results (link) with CMR, Cloud and TTG EBITA coming in ahead of expectations. Management highlights competitive... More
Citi Reiterates Buy Rating on NetEase.com (NTES)
February 20, 2025 4:59 AM ESTCiti analyst Hillman Chan reiterated a Buy rating and $121.00 price target on NetEase.com (NASDAQ: NTES)
The analyst comments "NTES reported 4Q24 total net revenues of Rmb26.7bn (-1.4% y/y, +2.1% q/q), missed Citi by 2% and 1.8% below consensus forecast of Rmb27.2bn mainly... More
