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BofA Upgrades Sea After 45% Stock Selloff, 2022 Guidance Will Be Critical
Monday, January 3, 2022 - 10:58am | 249Sea Ltd’s (NYSE: SE) stock has lost around 45% from its peak, with the prospects of a near-term gaming slowdown and concerns around growing ecommerce losses due to expansion in Europe and India largely priced into the stock, according to BofA Securities. The Sea Analyst: Sachin...
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BofA Downgrades Sea After Rally: What You Need To Know
Wednesday, November 17, 2021 - 4:05pm | 217Sea Ltd’s (NYSE: SE) stock has appreciated 67% year-to-date versus the Nasdaq’s 23% gain, and the risk-reward seems balanced, according to BofA Securities. The Sea Analyst: Sachin Salgaonkar downgraded the rating for Sea from Buy to Neutral, while raising the price target from $380...