Morgan Stanley Maintains Equal-Weight on NetEase, Maintains $100 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Alex Poon maintains an Equal-Weight rating on NetEase (NASDAQ:NTES) with a $100 price target.
July 05, 2024 | 3:01 pm
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NEUTRAL IMPACT
Morgan Stanley has maintained its Equal-Weight rating and $100 price target for NetEase. This suggests a neutral stance on the stock's short-term performance.
The maintenance of an Equal-Weight rating and a $100 price target by Morgan Stanley indicates that the analyst does not foresee significant short-term movement in the stock price. This neutral stance suggests that investors should not expect major changes in the stock's performance based on this rating alone.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100