Alibaba Group Holding saw its shares climb Monday after two major investment firms raised their price targets, pointing to better growth expectations in the company’s cloud computing and artificial intelligence divisions. Morningstar increased its fair value estimate for Alibaba’s American Depositary Receipts by 49% to $267. The firm also set its Hong Kong-listed shares at HK$260. Separately, Morgan Stanley lifted its ADR price target by 21% to $200.