Sea Shares Slid More Than 6% in Morning Trading

Tiger Newspress2022-03-02

Sea shares slid more than 6% in morning trading after its price target was lowered by several analysts.

Sea Limited price target lowered to $250 from $330 at Bernstein;

Sea Limited price target lowered to $200 from $295 at Cowen;

Sea Limited price target lowered to $221 from $241 at Citi.

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Comments

  • jayfalcon
    2022-03-03
    jayfalcon
    Whoa... [Miser] 
  • Chris Tan
    2022-03-03
    Chris Tan
    Jialat 🏃‍♂️🏃‍♂️🏃‍♂️
  • Joelchua
    2022-03-03
    Joelchua
    These are 5 year price targets or?
  • mster
    2022-03-03
    mster
    Sea is still expanding, though they are making money, it's not fast enough to what they are spending. E-commerce Is tough and competitive, they need to incentivize new customers, to a point when these new customerS become loyal to the brand - Shoppee that isTill then, out flowing money will always be higher then incoming. I wouldn't enter if not because I already have a small position with Sea.  Now looking to buy a little when it hits low $100, where I'll acquire some to help level out my positio, and with that I can sell cover call on the side, to help cover up some paper lost. 🤞
  • All in Tesla
    2022-03-03
    All in Tesla
    Oh no 🤦‍♂️
  • YMCheah
    2022-03-03
    YMCheah
    Please like thks
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