Sprawling Chinese tech company Alibaba Group (NYSE: BABA) hasn't been all that mighty on the U.S. stock market of late. The company's stock has underperformed market indexes significantly and continues to suffer as the market shows a lack of interest in Chinese titles.

That presents an opportunity to buy it at a discount, in the view of a Morgan Stanley pundit. While he's not exactly bullish on the company, he does feel its share price could rise by almost 19% over the next 12 months or so.

The analyst behind the somewhat askew recommendation/price target combination is the investment bank's Gary Yu. In early April, in a new research note, he reiterated his equal weight (read: hold) tag on Alibaba stock and $85 per American Depositary Share (ADS) price target. The latter is nearly 19% higher than the Asian tech giant's most recent closing ADS price.

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Source Fool.com