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      Best two-day rally since 2020: Are the bulls staging a comeback?
      Views 662K Contents 32

      Jefferies maintained Tencent's "buy" rating and lowered its target price to HK $421

      The bank believes that the Group will implement a three pronged global strategy in the field of online games. At the same time, online advertising will benefit from the monetization of video accounts, further deepen and expand the advertising customer base, and profitability will be the key to cloud computing. In addition, it is predicted that the Group will pursue cost improvement to improve operating efficiency and productivity. ChuckleChuckle
      The rating of investment banks on the stock is mainly buying. In the past 90 days, 52 investment banks have given buying ratings, and the target average price in the past 90 days is 448.44. The latest research report of Cinda Securities gave Tencent Holdings a buy rating with a target price of 443.
      Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
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