Morgan Stanley: Tencent is a "Catalyst-Rich Safe Haven"
Morgan Stanley expects Tencent's gaming business to achieve rapid growth in Q2 this year, becoming a leading indicator of the company's future profit surprises.
Morgan Stanley set a target price of HKD 450 for Tencent's Hong Kong stock, 25.6% higher than Friday's closing price.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment