NetEase’s Resilient Growth and Stability: Buy Recommendation Despite Revenue Miss
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Bank of America Securities analyst Miranda Zhuang maintains a Buy rating on NetEase with a $166.00 price target, citing growth potential and stability despite a revenue miss. NetEase's net profit remains consistent, supported by strong performance in FWJ PC and healthy growth in online games and services. The share buyback program extension further supports the Buy recommendation. China Galaxy International also maintains a Buy rating with the same price target.
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