Barclays Starts BIDU, SOHU, SINA, YOKU, NTES, CYOU at Overweight, RENN at Equalweight, DANG at Underweight

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Barclays' Alicia Yap initiated coverage on stocks in the Chinese Internet sector Monday:

• Baidu (Nasdaq: BIDU) with an Overweight rating and $170 price target
  
• Sohu.com (Nasdaq: SOHU) with an Overweight rating and $82 price target
  
• Sina (Nasdaq: SINA) with an Overweight rating and $103 price target
  
• Youku.com (Nasdaq: YOKU) with an Overweight rating and $26 price target
  
• NetEase.com (Nasdaq: NTES) with an Overweight rating and $55 price target
  
• Changyou.com (Nasdaq: CYOU) with an Overweight rating and $43 price target
  
• Renren (Nasdaq: RENN) with an Equalweight rating and $6.80 price target
  
• E Commerce China Dangdang (Nasdaq: DANG) with an Underweight rating and $6 price target

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