Form 6-K NetEase, Inc. For: Nov 30

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Go back to Form 6-K NetEase, Inc. For: Nov 30

NetEase.com (NTES) PT Raised to $290 at CLSA

November 16, 2018 9:07 AM EST

CLSA analyst Elinor Leung raised the price target on NetEase.com (NASDAQ: NTES) to $290.00 (from $280.00) while maintaining a Buy rating.

Leung notes gaming improved, with revenue up 28% YoY, 5% above estimate. Deferred revenue was also up 16% QoQ and 20% YoY, indicating solid gaming growth... More