DBS analyst Tsz Wang maintained a Buy rating on Alibaba (BABA – Research Report) today and set a price target of $171.00. The company’s shares closed last Friday at $143.75.

According to TipRanks, Wang is ranked #24 out of 9390 analysts.

In addition to DBS, Alibaba also received a Buy from Barclays’s Jiong Shao in a report issued on February 21. However, on February 19, Bernstein maintained a Hold rating on Alibaba (NYSE: BABA).

BABA market cap is currently $338.8B and has a P/E ratio of 20.21.