Citigroup Raises BABA Target to $193 as Tokenized Contract Stalls at 50-Day Ceiling
Citigroup lifted its price target for Alibaba (BABA) to $193, while the tokenized Alibaba stock on Binance Futures remains stuck below its 50‑day SMA at $112.06, trading at $110.99 on October 10, 2026.
The upgrade reflects growing institutional confidence despite technical resistance; analysts see upside if the token breaks the 50‑day ceiling, potentially renewing interest in crypto‑equity hybrids and bridging traditional and digital asset markets.
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