China Renaissance Securities Increases Alibaba Group (NYSE:BABA) Price Target to $355.00

Alibaba Group (NYSE:BABA) had its target price increased by China Renaissance Securities from $315.00 to $355.00 in a research note published on Tuesday, The Fly reports. Several other research analysts have also weighed in on the stock. Citigroup reiterated a buy rating and set a $316.00 price objective on shares of Alibaba Group in a report on Friday, July 10th. Oppenheimer reiterated a buy rating and set a $290.00 price objective on shares of Alibaba Group in a report on Tuesday, September 15th. Benchmark increased their price objective on shares of Alibaba Group from $290.00 to $355.00 and gave the…