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Bernstein Sticks to Their Buy Rating for Sea (SE)

Tipranks - Tipranks - Tue Feb 17, 2:42AM CST

Bernstein analyst Venugopal Garre maintained a Buy rating on Sea on February 12 and set a price target of $175.00. The company’s shares closed last Friday at $109.06.

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According to TipRanks, Garre is ranked #2065 out of 12061 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Sea with a $182.69 average price target, implying a 67.51% upside from current levels. In a report released on February 13, J.P. Morgan also maintained a Buy rating on the stock with a $170.00 price target.

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Based on Sea’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $5.99 billion and a net profit of $372.04 million. In comparison, last year the company earned a revenue of $4.33 billion and had a net profit of $153.32 million

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