Tencent Holdings Limited (TCEHY)

[DiscoverGold]

Tencent (TCEHY) Upgraded by Zacks Investment Research to Buy
By: MarketBeat | April 13, 2021

• Tencent (OTCMKTS:TCEHY) was upgraded by Zacks Investment Research from a "hold" rating to a "buy" rating in a research note issued to investors on Tuesday, Zacks.com reports. The firm currently has a $89.00 price objective on the technology company's stock. Zacks Investment Research's price objective indicates a potential upside of 12.30% from the stock's current price.

According to Zacks, "Tencent Holdings Limited is an Internet service portal. Tencent provides value-added Internet, mobile and telecom services and online advertising. Tencent's leading Internet platforms in China are QQ Instant Messenger, QQ.com, QQ Games, Qzone, 3g.QQ.com, SoSo, PaiPai and Tenpay. It has brought together China's largest Internet community, to meet the various needs of Internet users including communication, information, entertainment, e-commerce and others. Tencent Holdings Limited is headquartered in Shenzhen, the People's Republic of China. "

Read Full Story »»»

DiscoverGold