Jefferies Raises Price Target on NetEase (NTES) to $261 Following 3Q
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NetEase Reports Third Quarter 2016 Unaudited Financial Results
November 9, 2016 6:00 PM ESTBEIJING, Nov. 9, 2016 /PRNewswire/ -- NetEase, Inc. (NASDAQ: NTES) ("NetEase" or the "Company"), one of China's leading internet and online game services providers, today announced its unaudited financial results for the third quarter ended September 30, 2016.
"We maintained steady growth across each of our primary business lines in the third quarter with a continued focus on providing first-rate games and products to the expanding online market, both domestically and abroad," said Mr. William Ding, Chief Executive Officer and Director of NetEase. "Led by our online game services segment, our total net revenues increased... More
