Alibaba Group Holding Ltd (BABA) Is A Great Long Term Play: MKM Partners

April 2, 2015 5:27 PM

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MKM Partners analyst Rob Sanderson reiterated a Buy rating with a target price of $125 on Alibaba shares; the analyst displays confidence in the company’s fundamentals in supporting long term growth

In a research note published today, MKM Partners analyst Rob Sanderson maintained a Buy rating with a $125 price target on Alibaba Group Holding Ltd (NYSE:BABA) shares. Regarding his upbeat view on the Chinese e-commerce giant, Mr. Sanderson affirms confidence in the company’s fundamentals and encou...

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