Netease.com (NTES ) Tops Q4 EPS by 19c
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Deutsche Bank Upgrades NetEase.com (NTES) to Buy on Strong Q4
February 8, 2013 7:07 AM ESTDeutsche Bank upgraded NetEase.com (NASDAQ: NTES) from Hold to Buy with a price target of $58.00 (from $51.00) following strong Q4 results.
The firm comments, "We attribute the 4Q earnings surprise (EPS beat our estimate by 18% and Bloomberg consensus by 14%) to relatively... More
