TH Data Capital analyst Tian Hou raised his price target for NetEase to $310 from $270 ahead of the company's Q1 results and May 15 and keeps a Buy rating on the shares. After streamline its businesses and organizational structure, NetEase is resuming its focus on what it is good at including game, education, music and e-commerce, Hou tells investors in a pre-earnings research note. He believes the company is best positioned in game content development.
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