Tencent Strengthens Video Leadership, Showcases Revenue Growth Potential: Analyst

Goldman Sachs analyst Ronald Keung maintained a Buy rating on Tencent Holdings ADR TCEHY and a price target of 542 Hong Kong dollars ($69.70 U.S. dollars).Keung attended the Tencent Video All-Star Night alongside investor meetings held in Macau on Jan. 4, 2025, hosted by Tencent’s Chief Strategy Officer James Mitchell, Tencent Video CEO Sun Zhonghuai, China Literature CEO Hou Xiaonan and the Investor Relations team.The analyst flagged platform leadership over the years on the back of patience and balanced e ...