Alibaba Group (NYSE:BABA – Free Report) had its target price increased by Jefferies Financial Group from $178.00 to $230.00 in a research note published on Monday morning, Marketbeat Ratings reports. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $160.00 target price on shares of Alibaba Group in a report on Saturday, August 30th. Zacks Research raised Alibaba Group from a “strong sell” rating to a “hold” rating in a research note on Tuesday, September 9th. Get Alibaba Group alerts:Read Our Latest Stock Analysis on BABAAlibaba Group Stock PerformanceInstitutional Inflows and OutflowsShares of Alibaba Group stock opened at $179.89 on Monday. Recommended StoriesReceive News & Ratings for Alibaba Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alibaba Group and related companies with MarketBeat.com's FREE daily email newsletter.