Why Sea Limited Stock Was Rising Today

Shares of Sea Limited (NYSE: SE) were gaining today after the provider of online gaming and e-commerce services in Southeast Asia got a bullish analyst note.

As of 11:32 a.m. EDT on Wednesday, the stock was up 7%.

Stephens analyst Jeff Cohen initiated coverage on Sea Tuesday night with an overweight rating and a price target of $130, representing 21% upside from Tuesday's closing price.

Source Fool.com