Pali Research Upgrades Sohu (SOHU) to Buy
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Pali Research upgrades Sohu (Nasdaq: SOHU) from Neutral to Buy with an $82 price target, citing strong momentum driven by the company's game, advertising and wireless business.
The firm said, "While we expect the growth of its game TLBB to slow down, we expect the growth of its
advertising business and wireless value-added services businesses to pick up the slack."
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