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Fly News Breaks for April 2, 2018
NTES
Apr 2, 2018 | 07:54 EDT
Macquarie analyst Marcus Yang said the recent share correction in NetEase is overstating higher opex and PC game slow-down concerns. Yang said NetEase's PC game sales are already lower than peers and a trade war should have a limited impact as nearly all of its sales are in the domestic China market. The analyst views NetEase as a "haven amid trade wars" and thinks now is a "good time to buy" shares. Yang rates NetEase a Buy with a $360 price target.
News For NTES From the Last 2 Days
NTES
Apr 17, 2024 | 12:36 EDT
"Game On" is The Fly's weekly recap of the stories powering up or beating down video game stocks. NEW RELEASES: Among... To see the rest of the story go to thefly.com. See Story Here
