UPDATE: Deutsche Bank Raises PT on NetEase Following Solid 2Q Beat
August 15, 2013 at 10:29 AM EDT
In a report published Thursday, Deutsche Bank analyst Vivian Hao reiterated a Buy rating on NetEase (NASDAQ: NTES ), and raised the price target from $64.00 to $73.00. In the report, Deutsche Bank noted, “NetEase registered a total 2Q rev of Rmb2,414m (20.4% YoY/6.9% QoQ), missing our est. by 3%
