Citigroup Maintains Buy on NetEase, Raises Price Target to $118
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Alicia Yap maintains a Buy rating on NetEase (NASDAQ:NTES) and raises the price target from $115 to $118.
May 26, 2023 | 10:43 am
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POSITIVE IMPACT
Citigroup maintains a Buy rating on NetEase and raises the price target from $115 to $118.
Citigroup's maintained Buy rating and increased price target for NetEase indicates a positive outlook for the company's stock. This news is likely to boost investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100