NetEase stock price target raised to $158 from $155 at Jefferies
NeutralFinancial Markets

- Jefferies has increased its stock price target for NetEase to $158 from $155, indicating a slight improvement in market outlook despite recent challenges.
- This adjustment is significant as it reflects Jefferies' confidence in NetEase's potential for recovery and growth, even as the company grapples with financial performance issues.
- The broader market context shows a mixed sentiment towards tech stocks, with other companies like Vita Coco also experiencing target adjustments, highlighting varying investor confidence across the sector.
— via World Pulse Now AI Editorial System



