Tencent Upgraded to Strong Buy
This is a Zacks news story, published by Yahoo Finance, that relates primarily to Tencent Holding Ltd. news.
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Zacks rating upgradeZacks Investment Research
•All You Need to Know About Tencent (TCEHY) Rating Upgrade to Strong Buy
84% Informative
Tencent Holding Ltd. ( TCEHY ) recently upgraded to a Zacks Rank # 1 (Strong Buy) This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.
The Zacks rating upgrade for Tencent basically reflects positivity about its earnings outlook that could translate into buying pressure and an increase in its stock price.
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