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Fly News Breaks for August 5, 2019
HUYA
Aug 5, 2019 | 07:51 EDT
Jefferies analyst Thomas Chong started Huya with a Buy rating and $26.80 price target. The analyst expects Huya to "ride on the increasing popularity" of e-Sports in China with "fast" revenue growth amid the early stages of game broadcasting monetization in China.
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