Morgan Stanley Sticks to Their Buy Rating for Netease Inc (9999)

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Currently, the analyst consensus on Netease Inc is a Strong Buy with an average price target of HK$246.56.

Based on Netease Inc’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of HK$30.59 billion and a net profit of HK$10.67 billion. In comparison, last year the company earned a revenue of HK$28.83 billion and had a net profit of HK$10.3 billion