JP Morgan Maintains Overweight on NetEase, Raises Price Target to $125
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Daniel Chen maintains an Overweight rating on NetEase (NASDAQ:NTES) and raises the price target from $120 to $125.
August 29, 2023 | 1:36 pm
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POSITIVE IMPACT
JP Morgan maintains an Overweight rating on NetEase and raises the price target from $120 to $125, indicating a positive outlook for the company.
The raised price target by JP Morgan 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