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Brokers' Latest Ratings, TPs & Views on TENCENT (00700.HK) Post Results (Table)
Recommend
35
Positive
67
Negative
38
TENCENT (00700.HK) announced its 3Q results after the market closed yesterday (13th). Its stock price rose 1.6% to $410.2 this morning.

Our reporters compiled the investment ratings and TPs by 11 brokers on TENCENT:

Related NewsHTSC Elevates TENCENT's TP to $505.43; Game Rev. Expected to Speed up in 4Q
Broker│Investment Rating│TP
UBS│Buy│$580->$588
Citi│Buy│$573
Morgan Stanley│Overweight│$570
HSBC Global Research│Buy│$570
Macquarie│Outperform│$553->$562
Daiwa│Buy│$550
Goldman Sachs│Buy (Conviction List)│$521->$542
JPMorgan│Overweight│$520
Nomura│Buy│$500
CLSA│Outperform│$480
BOCI│Buy│$445->$470

Broker│View
UBS│Quarterly OP in line with increased future visibility
Citi│Solid quarterly results beat with in-line revenue
Morgan Stanley│Resilient gaming performance with macro selectivity
HSBC Global Research│Strong cash flow can support shareholder returns
Macquarie│Sturdy gaming performance in 3Q
Daiwa│Strong quarterly results
Goldman Sachs│Quarterly EPS strongly beat with multiple visible growth drivers ahead
JPMorgan│Solid quarterly results in line
Nomura│Quarterly revenue in line with impressive earnings growth, but ability to unlock video account ad potential needs to be proved
CLSA│Online gaming revenue recorded DD growth
BOCI│Quarterly results beat
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