Benchmark Maintains Buy on NetEase, Raises Price Target to $118
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Fawne Jiang maintains a Buy rating on NetEase (NASDAQ:NTES) and raises the price target from $104 to $118.
May 26, 2023 | 11:22 am
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NetEase's price target has been raised from $104 to $118 by Benchmark analyst Fawne Jiang, who maintains a Buy rating on the stock.
The news of Benchmark analyst Fawne Jiang maintaining a Buy rating on NetEase and raising the price target from $104 to $118 is positive for the stock. This indicates that the analyst has a bullish outlook on the company's performance and expects the stock price to rise in the short term. As a result, this news is likely to have a positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100