TD Cowen raised the firm’s price target on Sea Limited (SE) to $140 from $120 and keeps a Hold rating on the shares. The firm updated its model following solid Q1 results showing Garena bookings growth and EBITDA gains.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SE:
- Sea Limited price target raised to $180 from $150 at Benchmark
- Sea Limited price target raised to $170 from $135 at Wedbush
- Sea Limited: Strong E-commerce and Fintech Growth Drive Buy Rating Amid Deferred Gaming Revenue
- Sea Limited price target raised to $170 from $145 at Bernstein
- Sea Ltd’s Strong Growth and Strategic Advancements Justify Buy Rating