CICC Upgrades NetEase To Buy

Analysts at CICC upgraded NetEase, Inc. (NASDAQ: NTES) from Hold to Buy.

The price target for NetEase has been raised from $105.00 to $136.00.

NetEase shares have gained 64.92% over the past 52 weeks, while the S&P 500 index has surged 10.90% in the same period.

NetEase shares climbed 0.84% to close at $112.00 yesterday.