In other recent news, Alibaba Group Holding Limited has been the focus of several analyst reports and company announcements. Barclays (LON: BARC ) has reiterated its Overweight rating on Alibaba with a $180 price target, emphasizing the acceleration of its cloud business, which generates approximately $20 billion in revenue and $2 billion in EBITA annually. Citi maintained a Buy rating with a $169 target, noting Alibaba's commitment to artificial intelligence (AI) opportunities and technological innovation. Meanwhile, Mizuho Securities raised its price target from $140 to $170, citing confidence in Alibaba's AI strategy and its potential to drive future revenue growth. The firm also highlighted the anticipated reduction in losses from non-core business segments and increased cloud revenue growth forecasts for fiscal year 2026.