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LB Select
2024.01.04 09:05
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Rating Quick Look | Apple's rating has been downgraded again! TENCENT "increases holdings" and expects the stock price to rise in the next 60 days!

Morgan Stanley expects that Tencent's stock price will rise in the next 60 days, as the recent pullback has made the short-term valuation more attractive. Morgan Stanley believes that the market has overreacted to the draft regulations on online games, and sees short-term catalysts including potential relaxation of regulations, strong performance of "Dream Star" and the launch of major games, as well as a turnaround in MOBA revenue.

  1. "Dolphin Research: Maintains 'Overweight' rating on TENCENT, with a target price of HKD 430." Link

  2. "Goldman Sachs: Initiates 'Buy' rating on NIO, with a target price of HKD 206." Link

  3. "UBS: Lowers target price for Taiwan Semiconductor." Link

  4. "Bank of America analyst: Amazon's advertising business is expected to boost stock price by 12%." Link

  5. "Standard Chartered: Chinese stock market valuation is extremely low, optimistic about non-essential goods and technology sectors." Link

  6. "Guosen Securities: Maintains 'Buy' rating on TENCENT, focusing on the pace of new game launches and market performance." Link

  7. "Piper Sandler downgrades Apple from 'Overweight' to 'Neutral', with a target price of USD 205." Link

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