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Citi Maintains Buy Rating on Alibaba, Views White House Memo as Short-Term Overhang

Nov 28, 2025, 2:02 a.m. ET

Alibaba Group Holding Limited (NYSE: BABA) is among Chinese tech stocks investors may consider buying, according to Citi analysts. On November 17, the analysts said a White House memo alleging ties between Alibaba and the Chinese military represents a short-term overhang on the stock rather than a long-term risk.

Citi reiterated its Buy rating on Alibaba shares and maintained a $218 price target, noting that any potential selloff triggered by the memo could present a buying opportunity.

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