Barclays Maintains Overweight on Sea, Raises Price Target to $68
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jiong Shao has maintained an Overweight rating on Sea (NYSE:SE) and increased the price target from $59 to $68.
March 05, 2024 | 3:35 pm
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Barclays analyst Jiong Shao reaffirmed an Overweight rating on Sea and raised the price target from $59 to $68.
The upgrade in the price target by a reputable analyst like Jiong Shao from Barclays indicates a strong confidence in Sea's future performance. This is likely to positively influence investor sentiment and could lead to a short-term increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100