Alibaba (BABA) concluded the recent trading session at $119.99, signifying a -1.16% move from its prior day's close.

On July 24, Mizuho reduced its price target on Alibaba Group Holding Limited (NYSE:BABA) from $160 to $149 and kept an Outperform rating.

If Ant were to IPO at the roughly $200+ billion estimated valuation, Alibaba’s stake would be worth ~$60 billion, or about 25% of its current market capitalization. While Alibaba’s core e-commerce ...

While Alibaba’s core e-commerce growth is under pressure, the balance sheet holdings are attractive enough to help justify a doubling of BABA over a reasonable period of time." ...