SunTrust analyst Youssef Squali raised his price target on Alibaba to $205 and kept his Buy rating after its Q4 earnings beat in spite of the more challenging macroeconomic and political backdrop in the quarter. The analyst cites continued contributions from the company's "secular growth drivers" - the rising consumption in and around China of digital and physical products, healthy household balance sheets, and "digitization of Retail". Squali believes that Alibaba management was cautious in its guidance for FY20, but also sees the valuation on the stock remaining "compelling."

After attending the virtual launch of Alimama's new site-wide, AI-enabled, and ROI-based ad tool, Morgan Stanley thinks the new tool will improve merchants' marketing efficiency. The analyst, who sees upside risk to Alibaba's take rate and room for top-line estimates to rise, has an Equal Weight rating and $85 price target on Alibaba shares.