Sea Ltd. (SE) PT Raised to $197 at Jefferies

Jefferies analyst Thomas Chong raised the price target on Sea Ltd. (NYSE: SE) to $197.00 (from $196.00) while maintaining a Buy rating.

The analyst comments: "SE reported 3Q results with solid execution across different segments (link). For Shopee, it focuses on growth and profitability with financial discipline in investment. In 2026, we maintain our assumptions that segment margin to improve YoY on full year basis factoring in investment in logistics and fulfillment as well as engagement. For Garena, FF user base continues to grow in 2026. Monee is in fast growth pace from On and Off-Shopee loan. Maintain Buy."

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