NetEase.com upgraded to Buy from Neutral at UBS UBS weekly tracking indicates Q4 game operating metrics have improved significantly and that NetEase's net income could rebound 9% quarter-over-quarter. The firm said NetEase.com's game pipeline is healthy and there is an increasing potential for regular dividends. Price target remains $55.
NetEase.com upgraded to Overweight from Underweight at HSBC HSBC upgraded NetEase two notches to Overweight from Underweight based on accelerating revenues for mobile gaming, stabilization in the core PC business, and further monetization of its platform. Price target raised to $114 from $72.