NetEase stock price target raised to $148 from $145 at CFRA on FX movements
NeutralFinancial Markets

- CFRA has increased NetEase's stock price target to $148 from $145, influenced by foreign exchange movements. This adjustment indicates a positive outlook amidst fluctuating market conditions.
- The revised target is significant for NetEase as it suggests confidence in the company's resilience and potential for growth, especially in light of recent earnings discussions.
- The broader market context shows mixed sentiments, with other companies like Elastic NV facing lowered targets, highlighting the varying performance and investor confidence across the tech sector.
— via World Pulse Now AI Editorial System



