Benchmark Maintains Buy on NetEase, Raises Price Target to $140
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Fawne Jiang has reaffirmed a Buy rating on NetEase (NASDAQ:NTES) and increased the price target from $130 to $140.
November 17, 2023 | 4:28 pm
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POSITIVE IMPACT
NetEase's Buy rating has been maintained by Benchmark analyst Fawne Jiang, with an increased price target from $130 to $140, indicating a positive outlook on the stock.
The increase in price target by Benchmark reflects a positive assessment of NetEase's future performance, which could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100