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UBS Reaffirms Their Buy Rating on Tencent Holdings (TCTZF)
UBS analyst maintained a Buy rating on Tencent Holdings on May 28 and set a price target of HK$780.00. The company’s shares closed yesterday at HK$425.00.
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In addition to UBS, Tencent Holdings also received a Buy from Morgan Stanley’s Gary Yu in a report issued on May 28. However, on May 14, Mizuho Securities maintained a Hold rating on Tencent Holdings (Other OTC: TCTZF).
The company has a one-year high of HK$683.00 and a one-year low of HK$420.40. Currently, Tencent Holdings has an average volume of 28.05M.
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