Close

Goldman Sachs Upgrades Baidu (BIDU) to Buy, $220 Price Target

Go back to Goldman Sachs Upgrades Baidu (BIDU) to Buy, $220 Price Target

Goldman Sachs Downgrades Sohu.com (SOHU) to Neutral, Removes from CL-Buy

February 24, 2014 8:35 AM EST

Goldman Sachs downgraded Sohu.com (NASDAQ: SOHU) from Conviction Buy to Neutral with a price target of $80.00 (from $98.00).

"On Feb 10, 2014, Sohu reported above-expectation 4Q13 results but below-expectation 1Q14E margin guidance, again on its gaming subsidiary Changyou's rising sales & marketing expense,"... More