1 Wall Street Analyst Thinks Sea Limited Stock Can Reach $87. Is It a Buy at About $68?

Despite Sea Limited's soaring cash flow, its shares are trading at a reasonable price. A solid first-quarter report recently boosted shares of Sea Limited (SE 3.98%). The company also convinced several Wall Street analysts that its business is worth more than its market valuation. Benchmark analyst Fawne Jiang recently raised her price target for the e-commerce, entertainment, and finance conglomerate to $87 per share. The new target implies a gain of about 31% from recent prices. Some good reasons to be bu ...