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Sea Limited price target raised to $226 from $214 at Barclays

Barclays analyst Jiong Shao raised the firm’s price target on Sea Limited (SE) to $226 from $214 and keeps an Overweight rating on the shares. The company’s Q3 results were solid and the flattish e-commerce margin outlook in the near term is the result of Sea making investments to strengthen its dominant positioning, the analyst tells investors in a research note.

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