Investec analyst David Smith upgraded Tencent to Hold from Sell with a HK$340 price target.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on TCEHY:
- China is in Trouble. Are Chinese Stocks Investable?
- What You Missed This Week in Video Games
- Tencent, others start enforcing China’s new oversight move on apps, Reuters says
- Tencent Stock (OTC:TCEHY): Renewed Growth Highlights Its Low Valuation
- Chinese platforms remove live streaming features over gambling, Reuters says