大行評級|高盛:網易基本面正改善 目前水平上行風險仍大於下行風險
高盛發表報吿指,網易宣佈下月25日推出《永劫無間》手遊,符合原來指引7月至8月推出的預期。該行指,《永劫無間》手遊測試有正面迴應,包括平衡畫質及效能的優化。縱使騰訊《Honour of Fight》遊戲會吸納多元的遊戲需求,但其開發相對《永劫無間》為早期階段,差異化亦可讓兩款同類的高日活躍用户遊戲存在。該行亦指,《永劫無間》手遊推出與《燕雲十六聲》端遊相差一天,認為《燕雲十六聲》端遊推出日期會有調整,因網易兩日內發佈大型遊戲不合商業邏輯。報吿亦稱,該行追蹤《夢幻西遊》端遊等170多個運作逾3年的伺服器,當中88個伺服器的代幣貶值情況持續,但其餘已見初步改善跡象。基於基本因素改善、市場預期重設及估值仍僅高於十年低,相信網易股價上行風險多於下行風險,續予該股“買入”評級,目標價維持196港元。
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