NetEase.com (NTES) PT Raised to $400 at Bernstein

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Go back to NetEase.com (NTES) PT Raised to $400 at Bernstein

NetEase.com (NTES) PT Raised to $464 at Nomura/Instinet

May 21, 2020 8:00 AM EDT

Nomura/Instinet analyst Jialong Shi raised the price target on NetEase.com (NASDAQ: NTES) to $464.00 (from $439.00) while maintaining a Buy rating.

The analyst commented, "NetEase (NTES) reported revenue of CNY17bn (up 18% y-y/8% q-q), 9% above the Bloomberg consensus estimate. Non-GAAP EPS... More