Morgan Stanley Cuts Its Alibaba Stock Price Target

Morgan Stanley kept Alibaba (BABA) stock as a “top pick” ahead of late-August earnings. Analyst Gary Yu made the call over two weeks after cutting his target to $180 from $190. That target sits roughly 60% above where BABA shares closed on Friday at $112.14. Thus, Wall Street is telling clients the stock is worth The post Morgan Stanley Cuts Its Alibaba Stock Price Target appeared firs