Wedbush raised the firm’s price target on Sea Limited (SE) to $170 from $135 and keeps an Outperform rating on the shares. The firm notes Sea Limited reported mixed Q1 2025 results with adjusted EBITDA ahead of expectations, while revenue growth was short of estimates. Upside to profitability in Q1 was driven by stronger operating leverage across all three segments of the business, Wedbush adds.
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