Barclays analyst Jiong Shao raised the firm’s price target on Sea Limited (SE) to $200 from $182 and keeps an Overweight rating on the shares. The company reported a much better than expected Q1, with broad based strong performance in all business segments, the analyst tells investors in a research note.
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 $170 from $160 at BofA
- Sea Limited price target raised to $140 from $120 at TD Cowen
- 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