BofA downgrades Sea Limited, says rally will slow as gaming boom loses steam

Published Wed, Nov 17 20217:39 AM EST

Jesse Pound @/in/jesse-pound @jesserpound

Singapore-based Sea Limited Chairman and CEO Forrest Li speaks during an interview with CNBC following his company's IPO on the floor of the New York Stock Exchange (NYSE) in New York, U.S., October 20, 2017.

Brendan McDermid | Reuters

It may be time for investors to take some profits in high-flying Sea Limited, according to Bank of America.

More In Analyst Calls

These are Goldman Sachs' favorite stocks with 50% or more upside

Weizhen Tan

Evercore ISI says three years of biotech underperformance may be ending, gives its 5 favorite stocks

Hakyung Kim

Bank of America sees 60% upside for this software stock that's using AI to innovate

Samantha Subin