NetEase.com (NTES) PT Raised to $288 at Nomura/Instinet

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Go back to NetEase.com (NTES) PT Raised to $288 at Nomura/Instinet

Goldman Sachs Downgrades NetEase.com (NTES) to Neutral

August 12, 2019 3:38 AM EDT

Goldman Sachs analyst Bill Liu downgraded NetEase.com (NASDAQ: NTES) from Buy to Neutral with a price target of $270.00 (from $293.00).

Steps aside after 2019 revenues miss due to soft games growth.Expects smaller online games players to have a weaker revenue... More