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<Research>M Stanley Keeps Overweight on Alibaba (BABA.US), Expects Continuously Stable Growth in Cloud Intelligence Biz
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BABA-W (09988.HK) maintains its logic in cloud business development, Morgan Stanley said in its research report.

With strong industry demand support, Alibaba Cloud's revenue growth is expected to remain at a stable level of around 35% for 3FQ ending December 2025 and to reach 36% and 40% for 4FQ ending March 2026 and FY27, respectively.

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Morgan Stanley kept a target price of USD200 and an Overweight rating for Alibaba (BABA.US).
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