Susquehanna Reiterates Bullish Stance on Sohu.com (SOHU) Ahead of Results
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Susquehanna makes positive comments on Sohu.com Inc. (Nasdaq: SOHU), reiterating their Buy rating and $88 price target, ahead of Q2 earnings due before the open July 28.
Susquehanna sees Q2 revenue of $99.5 million, 4% above the consensus of $95.9 million, and GAAP EPS of $0.71, four cents above the consensus.
Susquehanna said they remain bullish on the stock, due to upside potentials in both online ad and gaming segments.
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