Weekly Recap | NetEase +1.46%, most brokers rate it buy
Weekly Review·
- NetEase shares rose 1.46 % this week to close at $126.06, outperforming the S&P 500 by about 3.41 percentage points amid macroeconomic and Chinese asset sentiment.
- A total of 33 institutions covered the company, with an overwhelming consensus of buy or overweight ratings and an average target price of $162.78.
- Trading volume remained relatively light overall, and future performance will depend on the continuation of Chinese asset sentiment and macroeconomic data trends.
