Saturday, September 27, 2014

MKM Research Slaps $125 Price Target on Alibaba

Alibaba had a price target established for it by MKM Research of $125 per share within a year.  Please see the link above for that story.  I think it is $5 too high, my target is $120 and I find that to possibly be understated.  I would rather be pleasantly surprised than set the bar too high.  If it goesmto even $120, current investors will make some serious cash in a year or less.

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