Goldman Sachs Issues a Upgrade for HUYA (HUYA) from a “Neutral” to “Buy” Rating

HUYA (HUYA) Stock Upgrade

In a research note released on Thursday, 6 December, research professionals at the Goldman Sachs equities research division boosted shares of HUYA (HUYA) stock from a “Neutral” to a respectable “Buy” rating.

HUYA Inc. (NYSE:HUYA) Ratings Coverage

Among 5 analysts covering HUYA (HUYA), 3 have Buy rating, 1 Sell and 1 Hold. Therefore 60% are positive. HUYA has $41 highest and $25.8 lowest target. $31.70’s average target is 108.14% above currents $15.23 stock price. HUYA had 5 analyst reports since June 13, 2018 according to SRatingsIntel. Credit Suisse upgraded it to “Outperform” rating and $25.8 target in Tuesday, November 13 report. The firm has “Sell” rating given on Monday, June 18 by 86 Research.

The stock decreased 3.67% or $0.58 during the last trading session, reaching $15.23. About 4.52M shares traded or 121.40% up from the average. HUYA Inc. (HUYA) has 0.00% since December 7, 2017 and is . It has underperformed by 15.62% the S&P500.

HUYA Inc., through its subsidiaries, operates game live streaming platforms in the People's Republic of China. The company has market cap of $3.10 billion. The Company’s platforms enable broadcasters and viewers to interact during live streaming. It currently has negative earnings. The firm also provides advertising and online game-related services.

More notable recent HUYA Inc. (NYSE:HUYA) news were published by: Benzinga.com which released: “28 Stocks Moving In Tuesday’s Pre-Market Session – Benzinga” on November 13, 2018, also Investorplace.com with their article: “7 Beaten-Down Chinese Stocks Ready to Rebound – Investorplace.com” published on December 03, 2018, Seekingalpha.com published: “APC, NBL among premarket gainers – Seeking Alpha” on November 07, 2018. More interesting news about HUYA Inc. (NYSE:HUYA) were released by: Fool.com and their article: “Better Buy: Momo Inc. vs. Huya – The Motley Fool” published on November 18, 2018 as well as Seekingalpha.com‘s news article titled: “Huya Broadcasting +9.7% on doubled revenues, healthy guidance – Seeking Alpha” with publication date: November 12, 2018.

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