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Fly News Breaks for October 31, 2019
NTES
Oct 31, 2019 | 06:18 EDT
Barclays analyst Gregory Zhao raised his price target for NetEase to $340 from $320 and keeps an Overweight rating on the shares ahead of the company's Q3 results. The analyst views NetEase's disposal of its loss-making e-commerce division, Kaola, as a better allocation of its capital and resources. This should help NetEase avoid facing intense competition from China's online e-commerce market, while enhancing shareholder returns, Zhao tells investors in a pre-earnings research note.
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
