Citigroup Maintains Buy on NetEase, Raises Price Target to $134
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Alicia Yap maintains a Buy rating on NetEase (NASDAQ:NTES) and raises the price target from $118 to $134.
August 09, 2023 | 11:32 am
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POSITIVE IMPACT
Citigroup maintains a Buy rating on NetEase and raises the price target from $118 to $134, which could lead to a positive impact on the stock.
The raised price target by Citigroup indicates a positive outlook for NetEase. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100