Macquarie Downgrades Alibaba Group (NYSE:BABA) to Neutral

Macquarie downgraded shares of Alibaba Group (NYSE:BABA – Free Report) from an outperform rating to a neutral rating in a research report sent to investors on Thursday morning, Briefing.com reports. Macquarie currently has $85.40 price objective on the specialty retailer’s stock, down from their prior price objective of $88.50. BABA has been the topic of […]

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