NetEase (NASDAQ:NTES) Downgraded to "Hold" Rating by Zacks Research
Zacks Research has downgraded NetEase (NASDAQ:NTES) from a "strong-buy" to a "hold" rating, though the overall analyst consensus remains a "Moderate Buy" with an average price target of $158.38. The downgrade follows recent insider selling by General Counsel Paul William Boltz, Jr. who sold …