Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Research>Macquarie Sees Limited ST Profit Upside for TENCENT (00700.HK), Chops TP to $559
Recommend 12 Positive 10 Negative 4 |
||||
|
||||
|
TENCENT (00700.HK) delivered healthy 4Q25 results, supported by Video Accounts and a resilient game portfolio, according to Macquarie's research report. During the period, revenue and adjusted net profit grew by 13% and 17% YoY each. Macquarie lowered its 2026/ 2027 adjusted EPS forecasts for TENCENT by 1%/ 3% respectively, and chopped its target price from $569 to $559, with rating kept at Neutral. The broker believed that there is limited short-term profit upside, and expected its share price to remain range-bound until substantial breakthroughs in AI-led initiatives are achieved. AASTOCKS Financial News Website: www.aastocks.com |
||||
Copied to Clipboard
 |
||||
