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!

LB Select
2024.01.04 09:05
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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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