B of A Securities Upgrades Sea to Buy, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Sachin Salgaonkar has upgraded Sea (NYSE:SE) from Neutral to Buy and increased the price target from $62 to $70, indicating a positive outlook on the company's stock.

April 22, 2024 | 11:56 am
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Sea Limited's stock has been upgraded by B of A Securities from Neutral to Buy with a raised price target from $62 to $70, suggesting a bullish outlook.
The upgrade from Neutral to Buy by a significant financial institution like B of A Securities, accompanied by an increase in the price target, typically signals a strong bullish sentiment towards the company's stock. This can lead to increased investor confidence and potentially drive up the stock price in the short term.
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IMPORTANCE 90
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