On Nov 14, major Wall Street analysts update their ratings for $Sea (SE.US)$, with price targets ranging from $126 to $150.
Goldman Sachs analyst Usjima Pang Vittayaamnuaykoon maintains with a buy rating, and adjusts the target price from $135 to $150.
Barclays analyst Jiong Shao maintains with a buy rating, and maintains the target price at $131.
DBS analyst Sachin Mittal maintains with a buy rating, and adjusts the target price from $99 to $126.
Benchmark Co. analyst Fawne Jiang maintains with a buy rating, and adjusts the target price from $94 to $130.
Furthermore, according to the comprehensive report, the opinions of $Sea (SE.US)$'s main analysts recently are as follows:
Sea Limited showed robust performance in the third quarter across its three main business segments.
Following a robust top-line performance in Q3 results, the model was updated to reflect the latest financial dynamics.
Following Sea Limited's third-quarter results which surpassed expectations, it is noted that Shopee has achieved a positive adjusted EBITDA in both the Asian and Brazilian markets. Additionally, the digital entertainment segment, with Free Fire at the forefront, is anticipated to witness a bookings increase exceeding 30% on a year-over-year basis, suggesting a prolonged lifecycle for the game.
Here are the latest investment ratings and price targets for $Sea (SE.US)$ from 4 analysts:
Note:
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