Deutsche Bank Starts Tudou Holdings (TUDO) at Buy; Revitalized Mandate in Multi-Player Market

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September 26, 2011 7:11 AM EDT
Get Alerts TUDO Hot Sheet
Price: $28.36 --0%

Rating Summary:
    2 Buy, 0 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 18 | Down: 15 | New: 9
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Deutsche Bank initiates coverage on Tudou Holdings (NASDAQ: TUDO) with a Buy. PT $27.19.

Deutsche analyst says, "We expect China's online video ad market to continue expanding secularly for years. As the #2 player in this market, Tudou should continue riding these favorable trends, having replenished its balance sheet with an all-critical IPO. With UGC as a strategic differentiator, we believe Tudou will continue to gain sticky and loyal traffic within a market that we feel will support multiple players. We rate Tudou, one of China's likely leaders, Buy."

For more ratings news on Tudou Holdings click here and for the rating history of Tudou Holdings click here.

Shares of Tudou Holdings closed at $18.08 yesterday.

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