Susquehanna Upgrades Sohu.com (SOHU) to Positive; Stock Still Sharply Lower Today
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Price: $14.11 -0.14%
Rating Summary:
8 Buy, 10 Hold, 3 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 6 | Down: 5 | New: 3
Rating Summary:
8 Buy, 10 Hold, 3 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 6 | Down: 5 | New: 3
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Sohu.com (NASDAQ: SOHU) shares ticked higher in mid-morning trade Monday following an intraday upgrade from an analyst at Susquehanna. Even with the modest move higher, Sohu.com shares are still down 4.6 percent to around $69.79 this morning.
The firm now rates shares of Sohu.com a Positive, up from a prior rating of Neutral. Susquehanna maintains a $98 price target on the stock.
The firm's target represents potential upside of about 40 percent from where Sohu shares are currently trading.
For more ratings news on Sohu.com click here and for the rating history of Sohu.com click here.
The firm now rates shares of Sohu.com a Positive, up from a prior rating of Neutral. Susquehanna maintains a $98 price target on the stock.
The firm's target represents potential upside of about 40 percent from where Sohu shares are currently trading.
For more ratings news on Sohu.com click here and for the rating history of Sohu.com click here.
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