Alibaba Navigating Regulatory Seas, but Long-Term Upside Expected

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Regulatory risk is something any pertinent investor should take into account when making decisions, especially when it comes to companies based in China. The world’s most populous country’s government frequently involves itself in the business happenings of several publicly traded companies. Most notable are the threats made against the ride-sharing company Didi Global Inc. (DIDI), causing share prices to dramatically slide. While safe for now, these risks have been weighing on the Alibaba Group (BABA) as well. (See Alibaba stock charts on TipRanks)

Reporting his hypothesis on the company’s outlook is Colin Sebastian of Baird Capital, who wrote that while regulatory risks continue to hang over BABA, the stock’s low valuation has most likely priced in these concerns already.

Sebastian reiterated a Buy rating on the stock, and declared a price target of $270. This target suggests…

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