Sea Stock Jumps 5% As Barclays Raise Price Target by $2

Tiger Newspress2024-05-16

Barclays analyst Jiong Shao maintained a Buy rating on Sea today and set a price target of $87.00. The company’s shares closed yesterday at $68.64.

Sea shares jumped 5% in morning trading.

Shao covers the Consumer Cyclical sector, focusing on stocks such as Sea, Coupang, and Li Auto. According to TipRanks, Shao has an average return of 6.1% and a 49.37% success rate on recommended stocks.

Currently, the analyst consensus on Sea is a Strong Buy with an average price target of $77.63, implying a 13.10% upside from current levels. In a report released yesterday, DBS also maintained a Buy rating on the stock with a $96.00 price target.

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Comments

Mr Mooney
2024-05-18
Mr Mooney
Fake rally
whatstudiomesin
2024-05-16
whatstudiomesin
rawr......

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The company’s shares closed yesterday at $68.64.Sea shares jumped 5% in morning trading.Shao covers ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SE","symbol_name":"Sea Ltd","start_time":0,"source_url":"","article_id":"1121153513","we_media_id":"1079075236","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1121153513","pubTimestamp":1715868300,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Tiger Newspress","introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"summary":"Barclays analyst Jiong Shao maintained a Buy rating on Sea today and set a price target of $87.00. 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