Credit Agricole Upgrades Sohu (SOHU) from Outperform to Buy

September 22, 2010 9:43 AM EDT
Get Alerts SOHU Hot Sheet
Price: $39.10 -0.15%

Rating Summary:
    9 Buy, 11 Hold, 4 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 30 | Down: 30 | New: 23
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An analyst at Credit Agricole upgraded shares of (Nasdaq: SOHU) from Outperform to Buy this morning. The firm also boosted its price target on the stock from $56 to $73.

A bearish call at Susquehanna is apparently weighing on SOHU shares today. The firm downgraded the stock to Neutral on a valuation call.

Just after the opening bell, Sohu shares are down 2.6% to $57.95. Credit Agricole's new price target, then, implies potential upside of about 26% from where the stock is trading today.

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