Alibaba Group Holding (NYSE:BABA) is one of the 13 Safest Stocks to Invest in Now, supported by hedge fund interest and significant return on equity. JPMorgan Increases Its Price Target for Alibaba Group Holding (BABA), Reiterates its Overweight Rating Gil C / Shutterstock.com Reiterating its Overweight rating, JPMorgan increased its price target for Alibaba Group Holding (NYSE:BABA) from $21.23 to $30.85 on October 2. The company highlighted management’s optimistic forecast on food delivery and speedy ...