B of A Securities Maintains Buy on NetEase, Raises Price Target to $128
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Eddie Leung maintains a Buy rating on NetEase (NASDAQ:NTES) and raises the price target from $127 to $128.
July 12, 2023 | 3:11 pm
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POSITIVE IMPACT
NetEase's price target has been raised from $127 to $128 by B of A Securities, maintaining a Buy rating.
The raised price target indicates the analyst's increased confidence in the company's performance. This could potentially attract more investors, driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100