7. Alibaba Group Holding Limited (NYSE:BABA) is in the spotlight after Aaron Kessler of Raymond James cut his price target to $240 from $300 and downgraded the stock to 'Outperform' from 'Strong Buy'. Alibaba Group Holding Limited (NYSE:BABA) fell 0.5% this week. Ken Fisher 's Fisher Asset Management owned 14.1 million shares of Alibaba Group Holding Limited (NYSE:BABA) at the end of June, up 2% from the prior quarter.