Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Alibaba (BABA) and Whirlpool (WHR).
Alibaba (BABA)
Truist Financial analyst Youssef Squali maintained a Buy rating on Alibaba today and set a price target of $315.00. The company’s shares closed last Friday at $238.69.
According to TipRanks.com, Squali is a top 25 analyst with an average return of 42.4% and a 76.5% success rate. Squali covers the Technology sector, focusing on stocks such as Uber Technologies, Alphabet Class A, and IAC/InterActive.
Currently, the analyst consensus on Alibaba is a Strong Buy with an average price target of $311.85, representing a 28.9% upside. In a report issued on April 9, China International also initiated coverage with a Buy rating on the stock.
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