UBS Remains a Buy on Netease Inc (9999)
UBS analyst maintained a Buy rating on Netease Inc yesterday and set a price target of HK$280.80.
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In a report released on February 11, Jefferies also maintained a Buy rating on the stock with a $158.00 price target.
Based on Netease Inc’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of HK$28.36 billion and a net profit of HK$8.62 billion. In comparison, last year the company earned a revenue of HK$26.21 billion and had a net profit of HK$6.54 billion
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