Sea shares are trading higher after Barclays maintained its Overweight rating on the stock and raised its price target from $87 to $94.
Portfolio Pulse from Benzinga Newsdesk
Sea shares are trading higher after Barclays maintained its Overweight rating on the stock and raised its price target from $87 to $94.
August 15, 2024 | 7:13 pm
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POSITIVE IMPACT
Barclays has maintained its Overweight rating on Sea and raised its price target from $87 to $94, leading to a rise in Sea's share price.
The increase in price target and the maintained Overweight rating from Barclays is a positive signal to investors, likely leading to increased buying activity and a short-term rise in Sea's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100