Media headlines about NetEase (NASDAQ:NTES) have been trending somewhat positive on Tuesday, according to Accern. The research firm scores the sentiment of media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. NetEase earned a coverage optimism score of 0.17 on Accern’s scale. Accern also assigned news coverage about the technology company an impact score of 46.3377004483882 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the media stories that may have effected Accern Sentiment Analysis’s analysis:
- Zacks Investment Research Upgrades NetEase, Inc. (NTES) to “Hold” (americanbankingnews.com)
- NTES Crosses Above Key Moving Average Level – Nasdaq (nasdaq.com)
- NetEase, Inc. (NTES) Given Average Rating of “Hold” by Analysts (americanbankingnews.com)
- Lukewarm Analysts Can't Sink NetEase Stock (finance.yahoo.com)
Shares of NetEase (NASDAQ NTES) opened at 282.5800 on Tuesday. NetEase has a 52-week low of $211.11 and a 52-week high of $337.55.
A number of brokerages recently commented on NTES. Zacks Investment Research downgraded shares of NetEase from a “buy” rating to a “hold” rating in a research report on Tuesday, August 8th. BidaskClub raised shares of NetEase from a “hold” rating to a “buy” rating in a research report on Thursday, August 10th. CLSA downgraded shares of NetEase from an “outperform” rating to an “underperform” rating in a research report on Thursday, August 10th. Barclays PLC began coverage on shares of NetEase in a research report on Wednesday, October 4th. They set an “equal weight” rating and a $260.00 price objective on the stock. Finally, Vetr downgraded shares of NetEase from a “strong-buy” rating to a “buy” rating and set a $327.04 price objective on the stock. in a research report on Monday, September 18th. Three analysts have rated the stock with a sell rating, eight have given a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $298.82.
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NetEase Company Profile
NetEase, Inc (NetEase) is a technology company. The Company operates an interactive online community in China and is a provider of Chinese language content and services through its online games, Internet media, e-mail, e-commerce and other businesses. The Company operates through three segments: Online Game Services; Advertising Services, and E-mail, E-commerce and Others.
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