NetEase gains on pre-earnings Deutsche upgrade

• Deutsche's Vivian Hao has upgraded NetEase (NTES +2.5%) to Buy ahead of its May 13 Q1 report, and hiked her target to $146.80 from $110.00.
• With the help of a February Q4 beat, shares are within $5 of a 52-week high of $130.79, and up 27% YTD. Chinese firm CICC upgraded last month.