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DBS Remains a Buy on Sea (SE)

Tipranks - Tipranks - Mon Jun 22, 7:46PM CDT

In a report released today, Sachin Mittal from DBS maintained a Buy rating on Sea, with a price target of $148.00.

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Mittal covers the Communication Services sector, focusing on stocks such as Singtel, Alphabet Class A, and Verizon. According to TipRanks, Mittal has an average return of 19.2% and a 65.35% success rate on recommended stocks.

Sea has an analyst consensus of Strong Buy, with a price target consensus of $143.64.

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Based on Sea’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $6.85 billion and a net profit of $397.1 million. In comparison, last year the company earned a revenue of $4.95 billion and had a net profit of $237.31 million

Based on the recent corporate insider activity of 107 insiders, corporate insider sentiment is neutral on the stock. Last month, Gang Ye, the COO of SE sold 200.00 shares for a total of $19,672.00.

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