Deutsche Bank Upgrades Sea Limited, Sees Long-Term Gains
Update: 2025-11-12
Description
Deutsche Bank upgrades Sea Limited to Buy, raising price target to $170, citing long-term benefits of logistics investments. Seas Shopee platform sees 28% GMV growth, supported by increased user purchases and AI-boosted engagement. Despite a 19% QoQ margin decline due to logistics spending, Deutsche Bank expects these investments to pay off in the long run.
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