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Re: uranium-pinto-beans post# 359442

Monday, 06/05/2023 5:49:06 AM

Monday, June 05, 2023 5:49:06 AM

Post# of 364384
NetEase initiated with an Outperform at Bernstein
Bernstein analyst Robin Zhu initiated coverage of NetEase with an Outperform rating. The analyst expects generative artificial intelligence growth to represent a "massive productivity boost" for video game development, driving efficiency gains in game production and enabling richer gaming experiences. The firm believes NetEase's launch slate will drive revenue acceleration. The company's runway from here includes Justice Mobile on June 30, the international launches of Eggy Party and Harry Potter: Magic Awakened in the second half of 2023, which should support revenue acceleration through mid-2024, Bernstein contends.

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