On Thursday, TH Data Capital analyst Tian Hou raised her price target on the stock to 297 from 227 and reiterated her buy rating. NetEase is likely to beat consensus estimates for its third-quarter results because of a strong performance from its mobile games, particularly "Ghost Mobile" and "Onmyoji," Hou said. "According to our proprietary data, NetEase's mobile games continue to show robust growth," Hou said in her research report. "As of Q3, the total number of online game servers increased 38% year over year." NetEase mobile games are available for play on Apple ( AAPL ) iOS devices and devices running Alphabet 's ( GOOGL ) Google Android operating system. "Its e-commerce (business) is also growing nicely," she said. "Within e-commerce, NetEase developed its own brand, Yanxuan, which is doing well." RELATED: NetEase Has New Hit Mobile Game In 'Yin And Yang Shi'