Jefferies: Slightly raises Alibaba-W (09988.HK) target price to HK$186, expects solid performance across businesses in the second fiscal quarter

Zhitong Finance APP has learned that Jefferies has issued a research report stating that it forecasts solid performance across Alibaba-W's (09988.HK) business segments for the second fiscal quarter ended at the end of September this year; the bank maintains a "Buy" rating on Alibaba, raising its Hong Kong stock target price from HK$184 to HK$186, and its U.S. stock (BABA.US) target price from US$190 to US$192.