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Barclays Remains a Buy on Sea (SE)

Tipranks - Tipranks - Wed Feb 25, 3:00AM CST

In a report released today, Jiong Shao from Barclays maintained a Buy rating on Sea, with a price target of $226.00.

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According to TipRanks, Shao is a 4-star analyst with an average return of 9.3% and a 50.00% success rate. Shao covers the Consumer Cyclical sector, focusing on stocks such as Sea, Alibaba, and Meituan.

In a report released on February 16, Citi also reiterated a Buy rating on the stock with a $184.00 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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