NetEase Announces Second Quarter 2022 Unaudited Financial Results

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NetEase.com (NTES) PT Raised to $121 at Goldman Sachs

August 18, 2022 5:28 PM EDT

Goldman Sachs analyst Lincoln Kong raised the price target on NetEase.com (NASDAQ: NTES) to $121.00 while maintaining a Buy rating following earnings.

The analyst commented, "NetEase 2Q22 results beat, with revenue/OP/NP/game cash revenue coming in above estimates (first... More