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Fly News Breaks for September 21, 2018
NTES
Sep 21, 2018 | 07:56 EDT
Jefferies analyst Karen Chan upgraded NetEase to Buy with an unchanged price target of $270. Earnings downside revisions and fear around regulatory changes have pressured the stock since late last year, Chan tells investors in a research note. The analyst now sees a more favorable risk/reward with consensus estimates "turning more realistic" and the valuation off from highs. Further, she notes that NetEase faces easier mobile game comps in the second half of 2018.
News For NTES From the Last 2 Days
NTES
Apr 24, 2024 | 13:19 EDT
"Game On" is The Fly's weekly recap of the stories powering up or beating down video game stocks. NEW RELEASES: This... To see the rest of the story go to thefly.com. See Story Here
