NetEase Reports First Quarter 2016 Unaudited Financial Results

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Go back to NetEase Reports First Quarter 2016 Unaudited Financial Results

Nomura Securities Upgrades NetEase.com (NTES) to Buy

May 12, 2016 9:43 AM EDT

Nomura Securities upgraded NetEase.com (NASDAQ: NTES) from Neutral to Buy with a price target of $194.00 (from $174.00).

Analyst Jialong Shi commented, "We upgrade NetEase (NTES) to BUY from Neutral, with a higher TP of US$194 (previous US$174) based on 17x... More