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58.com (WUBA) Misses Q3 EPS by 13c

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CLSA Downgrades 58. com Inc (WUBA) to Underperform

November 11, 2016 7:46 AM EST

CLSA downgraded 58. com Inc (NYSE: WUBA) from Outperform to Underperform.

For an analyst ratings summary and ratings history on 58. com Inc click here. For more ratings news on 58. com Inc click here.

Shares of 58. com Inc closed at $33.35 yesterday.

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UPDATE: Brean Capital Downgrades 58.com Inc (WUBA) to Hold

November 11, 2016 7:28 AM EST

(Updated - November 11, 2016 10:25 AM EST)

Brean Capital downgraded 58.com Inc (NYSE: WUBA) from Buy to Hold and removed its price target. The downgraded followed the release of Q3 results.

Analyst Fawne Jiang said, "WUBA reported mixed 3Q16 results with revenue missing... More