Nomura Lowers NetEase (NASDAQ:NTES) Price Target to $399.00

Marco Green
April 17, 2018

Fairfax Financial Holdings Ltd Can who had been investing in Netease Inc for a number of months, seems to be bullish on the $35.83B market cap company. It's down from 1.07 million at the end of the previous reported quarter. Target Corp now has $38.54 billion valuation. The stock increased 0.78% or $0.7 during the last trading session, reaching $90.1. About 558,627 shares traded. FireEye, Inc. (NASDAQ:FEYE) has risen 34.55% since April 15, 2017 and is uptrending. It has outperformed by 7.39% the S&P500.

According to 2017Q4 SEC form the Overlook Holdings Ltd decreased its holdings in Netease (NTES) by 16.84%. Cornerstone Capital Management Holdings LLC. now owns 3,300,425 shares of the technology company's stock valued at $1,138,877,000 after purchasing an additional 1,352,700 shares in the last quarter. The institutional investor held 70,730 shares of the consumer services company at the end of 2017Q4, valued at $5.41M, up from 44,551 at the end of the previous reported quarter. Pictet & Cie Europe Sa who had been investing in Home Depot Inc for a number of months, seems to be bullish on the $199.19 billion market cap company. The stock has an average rating of Hold and an average price target of $334.94. About 810,052 shares traded. (NASDAQ:NTES) to report $3.17 EPS on May, 9.They anticipate $1.12 EPS change or 26.11% from last quarter's $4.29 EPS. It has underperformed by 14.49% the S&P500. Seven research analysts have rated the stock with a sell rating, four have issued a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. Therefore 63% are positive. The Home Depot Inc. had 116 analyst reports since August 19, 2015 according to SRatingsIntel. In Tuesday, April 10 report Jefferies maintained it with "Hold" rating and $31000 target. The stock of Celgene Corporation (NASDAQ:CELG) has "Buy" rating given on Wednesday, June 14 by Oppenheimer. The rating was upgraded by Nomura to "Buy" on Friday, November 17. The stock of The Procter & Gamble Company (NYSE:PG) has "Neutral" rating given on Wednesday, January 6 by Atlantic Securities. On Friday, November 17 the firm has "Buy" rating by Bank of America given. The company was maintained on Tuesday, August 22 by Cantor Fitzgerald. On Monday, December 14 the stock rating was upgraded by BMO Capital Markets to "Outperform".

Shares of NTES opened at $272.99 on Thursday. (NASDAQ:NTES) rating. Jefferies has "Hold" rating and $302.0 target.

Richard C Young & Company increased Fidelity (FHLC) stake by 97,852 shares to 813,798 valued at $32.54M in 2017Q4.

Prem Watsa increased its stake in Netease Inc (NTES) by 62.5% based on its latest 2017Q4 regulatory filing with the SEC. Pepsico Inc (NYSE:PEP) was raised too. TGT's profit will be $743.54 million for 12.96 P/E if the $1.38 EPS becomes a reality. After $1.49 actual earnings per share reported by NetEase, Inc. for the previous quarter, Wall Street now forecasts 112.75 % EPS growth. NetEase had a net margin of 19.64% and a return on equity of 24.93%. sell-side analysts anticipate that NetEase will post 12 earnings per share for the current fiscal year. "Has $4.65 Million Stake in NetEase (NASDAQ:NTES)" was originally reported by StockNewsTimes and is owned by of StockNewsTimes. As per Wednesday, November 25, the company rating was initiated by Goldman Sachs. In Tuesday, November 21 report Barclays Capital maintained the stock with "Hold" rating. The rating was upgraded by Jefferies on Monday, November 28 to "Buy". On Thursday, November 16 the firm earned "Hold" rating by Jefferies. CLSA raised shares of NetEase from a sell rating to an underperform rating in a research note on Thursday, February 8th. The rating was maintained by Stifel Nicolaus on Monday, September 18 with "Hold". The firm has "Neutral" rating by Nomura given on Friday, January 22. JP Morgan maintained NetEase, Inc. (NASDAQ:NTES) earned "Hold" rating by Jefferies. On Friday, October 16 the stock rating was downgraded by Standpoint Research to "Hold". The firm earned "Hold" rating on Monday, September 11 by Piper Jaffray. Posada Juan Fernando sold 9,005 shares worth $739,189. Macquarie Research maintained NetEase, Inc.

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