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28543 CTTENCT@EC2604A (CALL)
RT Nominal down0.063 -0.007 (-10.000%)

14/11/2024 15:48

{I-bank focus}UBS raises Tencent (00700) to HKD588

[ET Net News Agency, 14 November 2024] UBS raised the target price for Tencent (00700)
to HKD588 from HKD580 and maintained the "buy" rating.
The research house said it pencils in +10%/+15% revenue growth for
domestic/international games for 2025E. (rc)

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