Alibaba, one of Chinese leading e-commerce sites, has received a price target hike from analyst Shyam Patil of Susquehanna. Patil has raised his price target on the stock from $220 to $305 citing recent channel checks that indicate continued strong momentum for the company. According to Patil, there are several levers that will drive advertising … Continue reading “Alibaba Gets a Price Target Hike from Susquehanna”
