Jefferies: Alibaba-W Maintains "Buy" Rating, Target Price Slightly Raised to HK$186

Jefferies released a research report predicting that Alibaba-W will deliver solid performance across its business segments in the second fiscal quarter ending 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 US stock target price from US$190 to US$192.