Jefferies analyst Thomas Chong raised the firm’s price target on Sea Limited (SE) to $157 from $131 and keeps a Buy rating on the shares. Shopee reported a beating set of results and 2025 guidance exceeded expectations, the analyst tells investors in a research note, adding that, by segment, Shopee stands out on price competitiveness and content. The firm added that, for Digital Financial Services, there is a lot of potential for on/off-Shopee loans, and for Garena, Free Fire maintains solid growth on expanding gamer base and engagement.
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