TD Cowen analyst John Blackledge lowered the firm’s price target on Sea Limited (SE) to $100 from $138 and keeps a Hold rating on the shares. The firm cites the company’s Q4 earnings miss, also noting that its overall revenue beat consensus but EBITDA missed estimates by 3%, the analyst tells investors in a research note. The company’s outlook for flat or improving EBITDA vs. 2025 is also below consensus estimates, TD Cowen adds.
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