BABA: 32 Analysts Rate a "BUY" with 40% upside
After rising to new highs this year, BABA stock has retreated to $220 levels.
This may still offer a safe and good buy, with a projected 40% upside for the upcoming year.
The median price target is $322 and the highest price target is $407.
Note the red button on the MACD, we may see some more downside, but it shouldn't be huge unless the market as a whole really crashes.
I may buy this stock and hold long-term. This is not financial advise, do your own research.
What do you think?
Resource:
pricetargets.com/NYSE/BABA/
This may still offer a safe and good buy, with a projected 40% upside for the upcoming year.
The median price target is $322 and the highest price target is $407.
Note the red button on the MACD, we may see some more downside, but it shouldn't be huge unless the market as a whole really crashes.
I may buy this stock and hold long-term. This is not financial advise, do your own research.
What do you think?
Resource:
pricetargets.com/NYSE/BABA/
Nota
If BABA stays in the downward channel, it will be worth 11% less or about a bottom of $183 according to: stockinvest.us/stock/BABA
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