Apr 09, 2026
Alibaba (BABA) Shares Decline as Jefferies Slashes Price Target Amid AI Investment Concerns
Alibaba (BABA) dropped 2.9% after Jefferies lowered its price target to $185, citing heavy AI spending on Qwen and rising losses in non-core operations.
The post Alibaba (BABA) Shares Decline as Jefferies Slashes Price Target Amid AI Investment Concerns appeared first on Blockonomi.
Source: Blockonomi →Related News
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