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The Zhitong Finance App learned that Bank of America Securities released a research report stating that it raised the NetEase (09999.HK) target price from HK$268 to HK$272 and the NetEase (NTES.US) US stock target price from $172 to $174, reaffirming the “buy” rating. The bank raised its adjusted operating profit forecast by 7% to 9% from 2026 to 2028 to reflect higher gaming gross profit.
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The Zhitong Finance App learned that Bank of America Securities released a research report stating that it raised the NetEase (09999.HK) target price from HK$268 to HK$272 and the NetEase (NTES.US) US stock target price from $172 to $174, reaffirming the “buy” rating. The bank raised its adjusted operating profit forecast by 7% to 9% from 2026 to 2028 to reflect higher gaming gross profit.
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