Netease Inc (9999) Receives a Buy from CICC
In a report released yesterday, from CICC maintained a Buy rating on Netease Inc, with a price target of HK$265.00.
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In a report released on February 18, TipRanks – OpenAI also reiterated a Buy rating on the stock with a HK$209.00 price target.
Based on Netease Inc’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of HK$27.14 billion and a net profit of HK$6.15 billion. In comparison, last year the company earned a revenue of HK$26.75 billion and had a net profit of HK$8.77 billion
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