Bernstein SocGen Cuts Sea Ltd Price Target to $170, Keeps Outperform Rating Amid Market Volatility
Bernstein SocGen Group lowered its 12-month price target for Sea Ltd. to $170.00 from $185.00 while retaining an Outperform rating. The move comes as the stock trades well below that target, near a 52-week low, after shedding roughly half its value. The firm’s analyst called the AI-related decline excessive and pointed to on-the-ground proprietary …