# In a report released yesterday, from Nomura maintained a Buy rating on Alibaba Group Holding Ltd.

*business · news · 2026-04-10 · Markets Insider*

## Key points

- Nomura maintained a Buy rating on Alibaba with a price target of HK$195.00.
- Jefferies’s Thomas Chong also issued a Buy rating on Alibaba yesterday.
- TipRanks – xAI reiterated a Hold rating on Alibaba on April 2.
- Alibaba's latest quarterly net profit dropped to HK$21.02 billion from HK$44.03 billion last year.

**Companies:** Alibaba Group Holding Ltd.
**Countries:** China

[Read the full story on Markets Insider](https://markets.businessinsider.com/news/stocks/nomura-keeps-their-buy-rating-on-alibaba-group-holding-ltd-9988-1036010041)

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